Lloyds and Halifax have become the latest high street banks to announce more branch closures, affecting 40 sites, adding to an industry tally of more than 200 branches shuttering in the coming months.
Lloyds Banking Group, which owns both banks, said it planned to close 18 Halifax sites and 22 Lloyds branches in England and Wales, over a three-month period beginning in April. Customers had been visiting those branches in declining numbers, with visits falling by about 60% on average over the past five years, the bank said.
