Multiple high street banks and building societies are leaving Britain's high streets in February 2025 as the trend of bank branch closures looks set to continue over the next month. Lloyds Bank, Halifax and Bank of Scotland are among the financial institutions shutting down locations across the UK in a blow to thousands of customers and the wider economy.

Once the closure plan is completed, Lloyds will have 386 branches, Halifax 281 branches, and Bank of Scotland 90 branches. Lloyds attributed the branch closures to customers increasingly opting for mobile banking over in-person services.

It will close 61 Lloyds, 61 Halifax and 14 Bank of Scotland branches between May this year and March 2026. The closure plan comes weeks after Lloyds shook up its branch business to allow customers of Lloyds, Halifax and Bank of Scotland to use stores across any of its brands for in-person banking.