Lloyds Banking Group has said it plans to shut 60 branches across the country, adding to recent closures as customers choose to sort their finances online. The lending giant said it would close 24 Lloyds branches, as well as 19 Bank of Scotland and 17 Halifax sites.
The branches are thought to employ 124 people, but Lloyds said it would try to find affected staff new roles within the company. The bank said it had seen a 27 per cent rise in use of its mobile banking app over the last two years, and a 12% rise in regular users of its online banking system.
Now 18.6 million people regularly bank online and 15 million use the mobile app. “Just like many other high street businesses, fewer customers are choosing to visit our branches,” the business’s group retail director Vim Maru said.