Overview
- Lloyds Bank will close eight branches across the UK next week, citing declining footfall as customers shift to digital banking services.
- The affected branches are located in Launceston, Pontyclun, New Milton, Wetherby, Margate, Newland University, Alnwick, and Prudhoe, with closures staggered between May 12 and May 15, 2025.
- This move is part of Lloyds Banking Group's broader plan to shut 254 branches, including 166 Lloyds Bank locations, by the end of 2026.
- Customers can access everyday banking services at any Lloyds, Halifax, or Bank of Scotland branch, as well as through 139 shared banking hubs and Post Office counters nationwide.
- The closures reflect an industry-wide trend, with competitors like NatWest, Barclays, and Santander also scaling back physical branch networks in favor of digital solutions.