Bank branch closures, August 2024: full list of UK…

Bank branch closures, August 2024: full list of UK sites shutting including Lloyds, Halifax and Barclays

Lloyds, NatWest and Barclays are just some of the big names of the banking world that are shutting a number of their sites down over the course of this month.

Britain’s high street lenders have shut thousands of branches across the UK in recent years, leaving many towns without any banks.

Consumer group Which? said in May that more than 6,000 bank branches had closed since 2015.

Major banks say the closures are down to the fact that there are fewer customers who are using in-person services, with more people preferring to use mobile and online banking.

A further 44 are set to close this month alone, before new rules come into play to make sure people have access to cash.

The Financial Conduct Authority (FCA) said new regulation will come into effect from September 18 and the new rules will require banks and building societies to fill gaps in cash access with measures such as banking hubs, ATMs and Post Office facilities.

Under the scheme banks will also need to assess the needs of local communities and make sure they are responding to residents and groups that raise concerns.

The rules go further than the current, industry-run, voluntary scheme.

Sheldon Mills from the FCA, said: “Three million people continue to rely on cash, even as digital payments become more popular. And many small businesses still need somewhere to safely deposit their takings each day.

"That’s why we’ve acted quickly in response to new powers given to us by Parliament to ensure reasonable access to cash withdrawal and deposits is maintained."

Among the high street banks shutting down locations this August include Lloyds Bank, Halifax, Barclays and Bank of Scotland. Here is a full list of the dozens of bank branch closures due to take place in the coming weeks: