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Lloyds, Halifax and Bank of Scotland branches to close as group accelerates shift to digital and mobile bankingBusiness live – latest updatesLloyds 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 sparked 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 massive shift towards digital and mobile banking that is core to a five-year strategy being driven by its chief executive, Charlie Nunn. Continue reading…
Lloyds, Halifax and Bank of Scotland branches to close as group accelerates shift to digital and mobile banking
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 sparked 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 massive shift towards digital and mobile banking that is core to a five-year strategy being driven by its chief executive, Charlie Nunn.