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Nearly 200 bank branches set to disappear from high streets in 2024

Nearly 200 bank branches set to disappear from high streets in 2024
Paloma Kubiak
Written By:
Paloma Kubiak
Posted:
04/12/2023
Updated:
07/12/2023

More than 600 bank branches across the UK have been announced for closure – a bleak milestone for 2023, with 189 to be shuttered next year.

In the last few days, Lloyds Banking Group has confirmed 45 branches will close between March and November 2024.

This is split between 19 Lloyds Bank, 22 Halifax and four Bank of Scotland branches.

Lloyds said over four in five customers now regularly use online banking, with branch visits in those 45 locations falling by an average of 53% (and up to 71%) in the last five years.

A spokesperson, added: “The way customers choose to bank with us has changed rapidly in recent years, and we now offer a wide range of options for their everyday banking needs. This includes our mobile app, online and over the phone. Customers can also bank with us through the Post Office, in a banking hub or by speaking to a community banker. All colleagues will be offered other roles across our business.”

Meanwhile, Barclays will shutter 18 high street locations in March 2024, with one branch (55 Market Place, Richmond) set to close in December.

Barclays which only confirmed 16 bank branch closures a couple of weeks ago, told us it’s also down to the shift towards digital banking – either online or via the app – with fewer people interacting in branch.

A Barclays spokesperson, said: “As visits to branches continue to fall, we need to adapt to provide the best service for all our customers. Where there is no longer enough demand to support a branch, we maintain an in-person presence though our Barclays Local network, live in over 300 locations, based in libraries, town halls, mobile vans and our banking pods. We also support access to cash with our cashback without purchase service, 24-hour deposit-taking ATMs and by working alongside the Post Office and Cash Access UK.”

The latest list of bank branches set to close

All-in-all in 2023, 641 branches have been flagged for closure, according to data supplied to LINK, the UK’s cash access and ATM network.

While the majority of bank branches have already closed in the past year, 189 will disappear in 2024.

Below we reveal the alternatives for customers who may be impacted, but for now, here’s the full list announced by Lloyds Banking Group and Barclays:

Lloyds Bank

  • 30 Market Place, Brackley, England, NN13 7BA, 26/03/2024
  • 5-6 King Street, Penrith, England, CA11 7AP, 19/03/2024
  • 5 Market Place, Selby, England, YO8 4NT, 03/04/2024
  • 39 Chester Road, West Shotton, Wales, CH5 1BY, 13/03/2024
  • 129-131 High Street, Rochester, England, ME2 4TW, 04/04/2024
  • 73 High Street, Burnham-on-Sea, England, TA8 1NP, 13/11/2024
  • 110-112 High Street, Putney, England, SW15 1RG, 04/04/2024
  • 82-84 High Street, Ruislip, England, HA4 7AB, 13/03/2024
  • 37 Market Place, Warminster, England, BA12 9BD, 14/11/2024
  • 1 Walm Lane, Willesden Green, England, NW2 5SN, 21/03/2024
  • 257 Whitley Road, Whitley Bay, England, NE26 2SY, 13/11/2024
  • 12 High Street, Newtown, Wales, SY16 2NX, 03/04/2024
  • 21 Victoria Square, Droitwich, England, WR9 8DG, 14/11/2024
  • 3 Upper Brook Street, Rugeley, England, WS15 2DP, 14/11/2024
  • 15-17 Pool Street, Caernarfon, Wales, LL55 2AD, 30/04/2024
  • 300 Ashley Road, Poole, England, BH14 9DE, 13/11/2024
  • 4 Market Square, Dover, England, CT16 1ND, 11/04/2024
  • 3 Market Hill, Diss, England, IP22 4JZ, 20/03/2024
  • 16 Main Street, Mexborough, England, S64 9DW, 22/04/2024.

 

Halifax

  • 99 High Street, Barnet, England, EN5 5UP, 12/03/2024
  • 58-62 High Street, Barkingside, England, IG6 2DQ, 15/04/2024
  • 91 Holton Road, Barry, Wales, CF63 4HG, 18/03/2024
  • 165 Shenley Road, Borehamwood, England, WD6 1AH, 18/04/2024
  • 17 Fore Street, Bridgwater, England, TA6 5AG, 23/04/2024
  • 226 Heathway, Dagenham, England, RM10 8PE, 15/05/2024
  • 8/10 High Street, Dartford, England, DA1 1BY, 18/03/2024
  • 1 High Street, Daventry, England, NN11 4BW, 17/04/2024
  • 12A Market Place, Diss, England, IP22 4WP, 20/03/2024
  • 1 Church Street, Dereham, England, NR19 1DD, 14/03/2024
  • 149/151 Mortimer Street, Herne Bay, England, CT6 5HS, 17/04/2024
  • 82 High Street, Lymington, England, SO41 9AN, 11/03/2024
  • 29/33 Chestergate, Macclesfield, England, SK11 6AN, 11/03/2024
  • 17 Windsor Court, Morley, England, LS27 9BG, 16/04/2024
  • 73A Station Road, New Milton, England, BH25 6JD, 23/04/2024
  • 248/250 High Street, Orpington, England, BR6 0LZ, 12/03/2024
  • 41/42 Middlegate, Penrith, England, CA11 7PT, 19/03/2024
  • 25 Bridge Street, Spalding, England, PE11 1XG, 18/04/2024
  • 44 Greengate Street, Stafford, England, ST16 2JA, 08/04/2024
  • 11/12 High Street, Stamford, England, PE9 2AL, 14/03/2024
  • 40/41 King Street, Whitehaven, England, CA28 7JN, 09/04/2024
  • 25 The Square, Hessle, England, HU13 0AE, 15/08/2024.

 

Bank of Scotland

  • Shore Street, Bowmore, Scotland, PA43 7LB, 08/05/2024
  • 174 Byres Road, Glasgow, Scotland, G12 8SW, 21/03/2024
  • Shore Road, Kilcreggan, Scotland, G84 0JH, 15/08/2024
  • Harbour Street, Tarbert, Scotland, PA29 6TZ 29/04/2024.

 

Barclays

  • 100 High Street, Poole, England, BH15 1BL, 08/03/2024
  • Crown Buildings, 11 Broad Street, Builth Wells, Wales, LD2 3AE, 06/03/2024
  • 57 Frogmore Street, Abergavenny, Wales, NP7 5AT, 01/03/2024
  • 85 High Street, Blackwood, Wales, NP12 1ZA, 22/03/2024
  • 81 High Street, Scunthorpe, England, DN15 6LZ, 20/03/2024
  • 23 Market Place, Mansfield, England, NG18 1HR, 01/03/2024
  • 35 Victoria Street, Grimsby, England, DN31 1DL, 13/03/2024
  • 4 North Bar Within, Beverley, England, HU17 8AY, 21/03/2024
  • 197 High Street, Perth, Scotland, PH1 5PB, 08/03/2024
  • 24 High Street, Dundee, Scotland, DD1 1SZ, 15/03/2024
  • Valley House, Kingsway, Team Valley, Gateshead, England, NE11 0JW, 15/03/2024
  • Priestpopple, Hexham, England, NE46 1PE, 01/03/2024
  • 55 Market Place, Richmond, England, DL10 4JH, 04/12/2024
  • 193 High Street, Northallerton, England, DL7 8LJ, 14/03/2024
  • 49 High Street, Skipton, England, BD23 1DT, 07/03/2024
  • 63/65 High Street, Rayleigh, England, SS6 7EL, 22/03/2024
  • 2/4 Aldermans Hill, Palmers Green, London, England, N13 4PH, 08/03/2024
  • 8 The Broadway, Crouch End, England, N8 9SX, 01/03/2024.

 

Alternative ways to continue in-person banking

Customers can visit banking hubs which provide basic banking services including counter services run by the major banks and the Post Office. There are also dedicated rooms where customers can see community bankers from their own bank for more complicated matters that require specialist knowledge or privacy.

According to LINK, there are currently 19 banking hubs open. These include Acton (London) Axminster (Devon), Barton-upon-Humber (Lincolnshire), Brechin (Angus), Brixham (Devon), Cambuslang (Lanarkshire), Carnoustie (Angus), , Clay Cross (Derbyshire), Cottingham (East Riding of Yorkshire), Hornsea (East Riding of Yorkshire), Kilkeel (County Down), Kirkcudbright (Dumfries and Galloway), Knaresborough (North Yorkshire), Maryport (Cumbria), Newton Aycliffe (County Durham), Prestatyn (Denbighshire), Rochford (Essex), Troon (Ayrshire) and Welling (Greater London).

There are also five temporary hubs open in Buckingham (Buckinghamshire), Cheadle (Staffordshire), Forres (Moray), Royal Wooton Bassett (Wiltshire) and Syston (Leicestershire) ahead of moving into the permanent hubs in the near future.

LINK has also confirmed that Richmond in North Yorkshire is to receive a banking hub following the announcement that the town’s final branch is set to close.

It is the 100th location in the UK to be recommended by LINK to receive a banking hub.

John Howells, CEO, LINK, said: “High streets are at the heart of our communities and banking hubs are helping to bring life back to them. More people are banking and shopping online meaning they’re not visiting ATMs or bank branches as often as they used to. It’s still critical that we’re able to provide free access to cash and face-to-face banking services.”

Gareth Oakley, CEO, Cash Access UK, said: “Cash Access UK is delighted to be bringing shared cash and banking services to communities across the UK. We’re on a rapid rollout programme and are on track to have 30 open by Christmas and 50 by Easter.”

Related: An in-depth guide to your rights when your bank branch closes