{"id":226974,"date":"2025-01-29T13:41:07","date_gmt":"2025-01-29T13:41:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/29\/lloyds-to-close-another-136-bank-branches\/"},"modified":"2025-01-29T13:41:07","modified_gmt":"2025-01-29T13:41:07","slug":"lloyds-to-close-another-136-bank-branches","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/29\/lloyds-to-close-another-136-bank-branches\/","title":{"rendered":"Lloyds to close another 136 bank branches"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i2.wp.com\/ichef.bbci.co.uk\/news\/1024\/branded_news\/d755\/live\/45687990-de41-11ef-a1ec-2daf984ac4e8.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Lloyds to close another 136 bank branches\" title=\"Lloyds to close another 136 bank branches\" \/><\/div><p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Lloyds Banking Group is to shut another 136 branches by March next year, arguing that customers are increasingly using digital channels for their day-to-day banking.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">It is the latest in a string of branch closures, with the bank &#8211; and its rivals &#8211; already working through previously announced closure plans.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The latest announcement will see 61 Lloyds, 61 Halifax and 14 Bank of Scotland branches be closed gradually from May.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">It comes the day after a government minister stressed the importance of access to cash for vulnerable people.<!-- --><\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Lloyds blamed the decision to shut the branches on customers shifting away from banking in person to using mobile services.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Transactions across these branches fell by an average of 48% over the past five years as customers used its app more for payments, Lloyds said.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The plans will bring the Lloyds brand down to 386 branches, Halifax down to 281 branches and Bank of Scotland to 90 branches once completed.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The bank said all workers at the affected branches will be offered jobs elsewhere in the company.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The consumer group Which? said that banks and building societies have closed 6,266 branches since January 2015, at a rate of around 53 each month.<!-- --><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c6275z006rjo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lloyds Banking Group is to shut another 136 branches by March next year, arguing that customers are increasingly using digital channels for their day-to-day banking. It is the latest in a string of branch closures, with the bank &#8211; and its rivals &#8211; already working through previously announced closure plans. The latest announcement will see [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":226975,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/d755\/live\/45687990-de41-11ef-a1ec-2daf984ac4e8.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[673,24588,3600,33624],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/226974"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=226974"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/226974\/revisions"}],"predecessor-version":[{"id":226976,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/226974\/revisions\/226976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/226975"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=226974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=226974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=226974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}