Four of the UK's major banks have announced they are shutting the doors of 36 more branches.
The Bank of Scotland, Halifax, Lloyds and Natwest are all shutting more locations across the UK. The Bank of Scotland is closing two branches in Scotland, while Halifax will be shutting 15 banks across England and Scotland. Lloyds is closing 18 banks and Natwest is shutting just one. This round of closures will begin in 2024, with the earliest set to go for good in January.
Bank closures have become the norm over the last few years as more people choose to do their banking online rather than in a branch. According to Which? banks and building societies have closed, or have scheduled to close, over 5,800 branches since January 2015.
Here is the full list of locations announced today that are closing next year:
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Big Four banks made £20billion in 9 months as households battled interest ratesOn bank closures, a Natwest spokesperson previously told the Mirror: “As with many industries, most of our customers are shifting to mobile and online banking, because it’s faster and easier for people to manage their financial lives. We understand and recognise that digital solutions aren’t right for everyone or every situation, and that when we close branches we have to make sure that no one is left behind.
“We take our responsibility seriously to support the people who face challenges in moving online, so we are investing to provide them with support and alternatives that work for them.”
A Lloyds Banking Group spokesperson previously told the Mirror: “Our customers are increasingly using digital channels to manage their money – we now have over 20 million regular digital users so it’s important we continue to develop the online services our customers want to use. Our branches will continue to be an option for our customers, alongside our telephone services, mobile app and online bank.”
"All of the branch locations announced for closure have a Post Office and at least one free to use ATM nearby. As with all proposed closures, these plans have been through LINK’s independent cash-access assessment, where a number of enhancements have been recommended. All colleagues who work at these branches will move to a role at another branch or in another part of our business, there are no job losses as a result of these changes.
"All closures have been made in line with the Access to Banking Standard and FCA guidance."
You can find the Daily Mirror's full list of all bank branch closures set for 2023 here.