Connect with us

Hi, what are you looking for?

United Kingdom

Lloyds accused of “drib-drab” branch closures

Lloyds Bank is to close another 15 branches in what’s been called a “drib-drab” operation.

It’s the fourth lot of closures announced this year.

Twelves of the 15 are Lloyds and three are the bank’s subsidiary Halifax.

Advertisement

It brings the total of shut sites to 112 so far in 2019.

Analysts believe Lloyds is trying to avoid criticism by not announcing sweeping changes in one move.

However, the bank said it made its decisions on a case-by-case basis after reviewing how many times the branch was used by customers.

A spokesman said it wasn’t known how many more branches would go this year.

But Douglas Ross, Conservative MP for Moray, said:

“I’m bitterly disappointed that Lloyds seem to be approaching this with a drip-drip effect rather than being honest with the public about the significant scale of closures they are proposing across the country.”

As High Street banks invest more in digital services, they have been shutting branches to cut costs

 

Comments

Latest Tweets

London Globe

International drugs’ boss collared in £45 million sting after police follow lead from his dog Bob. london-globe.com/united-kingd… zpr.io/ZWC3f5BWrjEw #news #londonglobe #unitedkingdom

Advertisement

You May Also Like

Business

The controversial Russian businessman Viktor Baturin, well-known for his years-long counterstanding with his wealthy sister Elena, widow of Moscow ex-mayor Yuri Luzhkov, is likely...

United Kingdom

Film director Ridley Scott has recalled the death of actor Oliver Reed while making the Oscar winning blockbuster Gladiator. Scott said hard-drinking Reed “just...

United Kingdom

The Watneys Party Seven is making a comeback. The ubiquitous 70s beer was a bland fizzing bitter ridiculed by many. The drink’s insipidness helped...

European Union

On April 9, 2022 Dimash Qudaibergen’s first solo concert in Germany took place in Düsseldorf. The colossal energy and the atmosphere of unity did...