Lloyds Bank will start closing nearly two dozen branches across the country as early as next week.
Bank branch closures have become commonplace on Britain’s high street, leaving many households concerned about their access to banking services.
Here is the full list of bank sites that are confirmed to be closed from next week, according to Lloyds Banking Group:
- 14 High Street Cardigan Wales SA43 1JW – 26 June 2024
- 445 Kingsbury Road Kingsbury England NW9 9DX – 3 July 2024
- Unit 3, 20 Market Place Wokingham England RG40 1AP – 8 July 202
- 58 Ock Street Abingdon England OX14 5AP – 24 July 2024
- 13 St Thomas Center Exeter England EX4 1DF – 5 August 2024
- L7 Church Street Clitheroe England BB7 2DD – 7 August 2024
- 210 Commercial Road London England E1 2JR – 6 August 2024
- 2 Silver Street Ilminster England TA19 0DL – 14 August 2024
- Church Street Malpas England SY14 8NX – 20 August 2024
- 4 Three Tuns Parade, Stafford Road Wolverhampton England WV10 6BA – 11 September 2024
- 125 High Street Marlborough England SN8 1LU – 25 November 2024
- 50 High Street Ross-on-Wye England HR9 5HJ – 2 December 2024
- 13-14 Cornmarket Thame England OX9 2BN – 2 December 2024
- 6 Chesterton Place, Chester Road Newquay England TR7 2RU – 4 December 2024
- 40 The Square Market Harborough England LE16 7PA – 4 December 2024
- 44 St Peters Avenue Cleethorpes England DN35 8HL – 5 December 2024
- 63-67 Newland Avenue Hull England HU5 3BG – 14 December 2025
- 75 Cheap Street Sherborne England DT9 3BD – 16 January 2025
- 24 Bondgate Within Alnwick England NE66 1TD – 15 January 2025
- 139-141 Barnsley Road South Elmsall England WF9 2AA – 16 January 2025
- 55 Market Place Wetherby England LS22 6LN – 13 January 2025.
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As part of the wider banking group, Lloyds is set to close several Halifax and Bank of Scotland closures over the next year.
Earlier this year, consumer champion Which? warned that the current trend of bank closures could leave three million Britons “cashless”.
Last month saw bank and building society branch closures in the UK surpass 6,000 since 2015.
A recent report based on House of Library research found that people from rural communities, individuals with disabilities and pensioners are most affected.
Bosses at major banks and building societies say the recent closures were a response to changing customer behaviour.
Jenny Ross, who is the Money Editor, notes that website shutdowns have wider implications that need to be addressed.
She said: “While it is true that many consumers are switching to online banking, it would be a mistake to think that this means that the millions of consumers who use and rely on cash every day no longer require or want physical branches. manage increasingly tight household budgets during a cost-of-living crisis.
“Our figures show that bank branches and over-the-counter ATMs have been closing at an alarming rate in recent years, with the very real risk that some of society’s most vulnerable, including the elderly, will be excluded from accessing basic banking services.”
One of the solutions put forward to address the problems arising from branch closures is community banking centers.
These are designated locations in areas without branches where major banks can provide services to customers.
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High streets have been hit by a wave of shop closures and bank closures since the pandemic
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This week the Labor Party pledged to create 350 new banking centers if it wins the upcoming general election on July 4.
John Howells, chief executive of Link, said: “Link has already recommended 132 banking centers across the UK and they are proving to be a very popular way of providing access to cash and basic banking for consumers and businesses who need to use a high street branch.
“I expect many more to open in the coming years to protect access to cash and provide a welcome boost to high streets across the country.”
Angela Rayner, Labour’s deputy leader and shadow housing secretary, added: “With our plan to bring banking back to the high street, replace business rates and cut energy bills for good, we will breathe new life into Britain’s high streets.”