Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Lloyds Bank announces locations of 100 branch closures and 325 job losses

Job losses form part of wider cost-cutting programme that will see 12,000 staff cut once complete

Ben Chapman
Wednesday 05 April 2017 15:08 BST
Comments
he announcement today will impact 54 Lloyds branches, 22 Halifax branches and 24 Bank of Scotland branches, Unite said
he announcement today will impact 54 Lloyds branches, 22 Halifax branches and 24 Bank of Scotland branches, Unite said (iStock)

Lloyds Bank has announced the locations of 100 branch closures that will lead to 325 job losses.

The announcement affects 54 LBG branches, 22 Halifax branches and 24 Bank of Scotland branches.

The job losses form part of a wider cost-cutting programme that will see 12,000 jobs go by the time it is complete.

A spokesperson for Lloyds Banking Group said the latest closures formed part of a plan first announced in June 2016, adding that branches would continue to play a "vital role" in meeting its customer needs.

"We will further expand the mobile branch fleet across Bank of Scotland and Lloyds Bank, with the addition of nine new mobile branches," the spokesperson added.

"This will provide continuity of services in some of those areas affected by branch closures, alongside other ways to access banking locally."

Unite the union, which represents Lloyds staff, expressed anger over the decision to close the branches.

Rob MacGregor, Unite national officer said: “The continuous stream of branch closures announced by the UK’s retail bank branches appears to show no signs of ending. The loss of a further 100 local banks will be painful for high streets across the country to absorb.

"Lloyds Banking Group’s rationale for branch closures is the claimed customer preference towards the use of technology across banking. However this simply doesn’t ring true when it’s clear that many customers still value the face to face engagement with experienced and knowledgeable bank staff.

“The industry must halt these endless branch closure programmes and open their eyes to what these closures are doing to rural communities, their disabled customers and the small business customers who depend on access to a local branch.”

Last month the Royal Bank of Scotland announced it would close over 150 bank branches and cut 470 jobs in response to changing consumer behaviour and a surge in the popularity of online and mobile banking.

Citing similar reasons, HSBC said in January that it plans to close 62 branches this year, resulting in up to 180 job losses.

The full list of Lloyds branch closures:

Brand

Branch Name

Bank of Scotland

Beauly

Bank of Scotland

Beith

Bank of Scotland

Bonar Bridge

Bank of Scotland

Coldstream

Bank of Scotland

Dalbeattie

Bank of Scotland

Dalry (Kirkcudbright)

Bank of Scotland

Dornoch

Bank of Scotland

Edinburgh Goldenacre

Bank of Scotland

Edinburgh North Morningside

Bank of Scotland

Fortrose

Bank of Scotland

Gatehouse

Bank of Scotland

Glasgow 235 Sauchiehall Street

Bank of Scotland

Gorebridge

Bank of Scotland

Gullane

Bank of Scotland

Helmsdale

Bank of Scotland

Kingussie

Bank of Scotland

Lairg

Bank of Scotland

Lauder

Bank of Scotland

Newtown St Boswells

Bank of Scotland

Port William

Bank of Scotland

Stewarton

Bank of Scotland

West Linton

Bank of Scotland

Wigtown

Bank of Scotland

Wooler

Lloyds Bank

Bakewell

Lloyds Bank

Baldock

Lloyds Bank

Blackfield Southampton

Lloyds Bank

Bordon

Lloyds Bank

Bourton-on-the-Water

Lloyds Bank

Brewood

Lloyds Bank

Broadstairs

Lloyds Bank

Broadway

Lloyds Bank

Carterton

Lloyds Bank

Clay Cross

Lloyds Bank

Clifton Village Bristol

Lloyds Bank

Colmore Row Birmingham

Lloyds Bank

Corsham

Lloyds Bank

Derby Road Ipswich

Lloyds Bank

Droylsden

Lloyds Bank

Garstang

Lloyds Bank

Gonville Place Cambridge

Lloyds Bank

Grayshott

Lloyds Bank

Hawkhurst

Lloyds Bank

Haxby Road York

Lloyds Bank

Heckington

Lloyds Bank

High Wycombe Business Centre

Lloyds Bank

Langley

Lloyds Bank

Lichfield Road Stafford

Lloyds Bank

London Law Courts

Lloyds Bank

Longridge

Lloyds Bank

Lymm

Lloyds Bank

Manchester University

Lloyds Bank

Marton-in-Cleveland

Lloyds Bank

Mere

Lloyds Bank

Montpellier Cheltenham

Lloyds Bank

Mosley Street Manchester

Lloyds Bank

New Ash Green

Lloyds Bank

Nottingham Old Market Square

Lloyds Bank

Pewsey

Lloyds Bank

Pontypridd Treforest Ind Est

Lloyds Bank

Portland

Lloyds Bank

Settle

Lloyds Bank

Southampton Row

Lloyds Bank

Stokenchurch

Lloyds Bank

Sturminster Newton

Lloyds Bank

Tenterden

Lloyds Bank

Tetbury

Lloyds Bank

Three Bridges Crawley

Lloyds Bank

Tidworth

Lloyds Bank

Topsham

Lloyds Bank

Tyldesley

Lloyds Bank

Wadhurst

Lloyds Bank

Wendover

Lloyds Bank

West Dulwich

Lloyds Bank

Wincanton

Lloyds Bank

Wirksworth

Lloyds Bank

Wood Lane End Hemel Hempstead

Lloyds Bank

Yatton

Halifax

Alton

Halifax

Atherton

Halifax

Banstead

Halifax

Bexhill on Sea

Halifax

Brighton London Road

Halifax

Droitwich

Halifax

Elland

Halifax

Godalming

Halifax

Heckmondwike

Halifax

Hertford

Halifax

Horley

Halifax

Huddersfield Mkt St

Halifax

Leatherhead

Halifax

Leytonstone

Halifax

Mill Hill

Halifax

New Malden

Halifax

Plymouth Mutley Plain

Halifax

Sheffield Surrey St

Halifax

Swansea Oxford St

Halifax

Wallington

Halifax

West Swindon

Halifax

Weybridge

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in