York bank branch is to close as part of nationwide cutbacks

Lloyds Bank in Acomb. Photograph © Google Street View
29 Jan 2020 @ 9.49 pm
| Business

A bank branch in York is to close, it has been announced.

The Lloyds Banking Group has revealed plans to shut 56 of it local branches across the UK.

The company said 31 Lloyds, 10 Halifax and 15 Bank of Scotland branches will be closed as fewer customer choose to bank in branch.


And among them is the Lloyds branch on York Road, Acomb.

No specific date has been set for the closure. But the group says all the branches will go between April and October this year.

80 redundancies

The Halifax branch on Davygate in York. Photograph: Richard McDougall
The company said the closures are part of a store reduction programme in response to changing customer behaviour and the move towards online banking.

Banking union Accord said the move is expected to see staff numbers cut by “under 80” as many employees are to be redeployed in other branches.

A Lloyds Banking Group spokeswoman said: “We are committed to having the largest branch network in the UK and, in addition to our branches, all our customers can also use the Post Office to access their banking locally, alongside our mobile branches which visit many rural communities.


“We have confirmed that a number of branches will close between April and October this year.

“This is in response to changing customer behaviours and the reduced number of transactions being made in branches.”

It comes as the bank continues its closure programme which affected Lloyds and Halifax sites in 2019 – including the Halifax branch on Davygate.

 

One thought on “York bank branch is to close as part of nationwide cutbacks

  1. How can the justify all this expensive TV advertising with the black horses and continue to close branches.

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