Overview
- Dozens of branches are being closed in early June, with reports listing 24 shutting this week and roughly 86–87 locations scheduled across June.
- Lloyds Banking Group is accounting for the largest share of announced cuts after an earlier programme that included about 95 planned closures.
- Banks cite sustained customer migration to apps and online banking as the main reason, with Lloyds saying more than 21 million customers now use its app as their primary channel.
- Consumer groups and MPs warn older, digitally excluded and rural customers will lose access to face-to-face help, and banks point people to Post Office services and mobile branches as alternatives.
- The wave of June closures builds on a long-term trend of branch losses since 2015 and has prompted a government review of Banking Hubs and wider measures to protect local access to banking.