Lloyds Banking Group to close another 95 branches

Another 95 branches will be closed by Lloyds Banking Group, as many banks continue to reduce their presence on the High Street.

The group said 53 Lloyds, 31 Halifax and 11 Bank of Scotland sites would shut between May this year and March 2027.

Lloyds, the biggest banking group in the UK, said it offered a range of options for people to manage their money.

The latest announcement is in addition an ongoing closure programme by the bank which will see 49 sites shut by October.

A spokesperson for Lloyds said: "Customers want the freedom to bank in the way that works for them and we offer more choice and ways to manage money than ever before."

More than 21 million customers use Lloyds' apps as their main way to bank, the spokesperson added.

Less than two weeks ago, Santander said it was closing a further 44 branches, putting 291 jobs at risk.

Banking apps and an increasing number of services provided remotely have led to less use of branches by customers, and closure programmes across the UK.

However, late last year, the UK's biggest building society, the Nationwide, pledged to keep all of its 696 branches open until at least 2030, although it too has closed branches in the past.