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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Lloyds Banking Group to shut another 136 UK high street branches

a man and a woman with a white dog on a lead walk past the entrance of a branch of Lloyds; the building's entrance is on a street corner and there is a carved stone archway over the door
Lloyds Banking Group is to close 61 Lloyds-branded sites, 61 Halifax locations and 14 Bank of Scotland branches by spring next year. Photograph: Bloomberg/Getty Images

Lloyds Banking Group has revealed plans to shut another 136 branches, weeks after a policy allowing customers to do their in-person banking across any of its three brands prompted fears that bosses could close up to a quarter of its high street sites.

The move will cut the group’s branch network by a further 15%, accelerating a strong shift towards digital and mobile banking that is core to a five-year strategy being pushed by its chief executive, Charlie Nunn.

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