Search

Halifax and Lloyds Bank branches to close in Norwich, Acle, Bungay, Halesworth and Southwold

PUBLISHED: 08:11 30 November 2017 | UPDATED: 10:29 30 November 2017

Lloyds Bank in Surrey Street, Norwich

Lloyds Bank in Surrey Street, Norwich

Archant

Six branches of Lloyds Bank and Halifax are to close across Norfolk and Suffolk as Lloyds Banking Group are set to axe almost 100 jobs in a move that unions have branded as “unnecessary”.

Branches under the Halifax, Bank of Scotland and Lloyds brands will be affected, resulting in 99 job losses.

They include the Norwich St Stephens branch of Halifax, and Lloyds Bank branches in Acle, Bungay, Halesworth, Norwich Surrey Street and Southwold.

The lender said the group was embarking on the closure programme partly in response to changing customer behaviour and the declining number of transactions being made in branches.

A Lloyds spokesman said: “Customers are increasingly choosing to use digital and mobile channels for their everyday banking needs.

“As a consequence, the number of customers visiting some of our branches has declined in recent years.

“In response to this, we have confirmed the locations of some branches which will close next year across Lloyds Bank, Halifax and Bank of Scotland.”

Lloyds insisted that branches remain a “key part of the service” it offers.

Earlier this year, the lender said it would shut down 100 branches as it swung the axe on 200 jobs.

But union Unite reacted with fury, saying the move undermined growth and would leave more communities without access to “valued local banking”.

Rob MacGregor, Unite national officer, said: “Lloyds Banking Group needs to halt this unnecessary bank branch closure programme.

“Local communities are making it clear that the closure of their local branch excludes customers who cannot use digital means to conduct their financial transactions.

“Having returned to profitability Lloyds needs to stop ignoring its corporate social responsibilities.”

The bank unveiled a hefty rise in third-quarter profits last month as the once state-backed lender hailed a “strong financial performance”.

The company saw pre-tax profits more than double to £1.95 billion.

The results built on a strong run of form for Lloyds, which was fully returned to private hands in May, nearly nine years after the Government bailed it out at the height of the financial crisis.

At the peak, Lloyds was 43% owned by the state following its bailout during the banking crisis, after taxpayers were forced to inject £20.3 billion into rescuing the bank.

The group has also been dogged by PPI claims, having paid out over £18 billion to date to affected customers.

Other news

17:00

Fun for all the family attracted “an amazing turnout” as a summer fete was hailed a success.

16:15

An Audi A4 was set alight in an arson attack late last night.

15:00

It is an exciting annual event that showcases the skills of talented youngsters.

14:17

A Lowestoft nursery is celebrating after being rated as Good during its latest Ofsted inspection.

Most Read

09:07

Paramedics treated a man for serious injuries following a crash in Frostenden.

Read more
England Ambulance Service
16:15

An Audi A4 was set alight in an arson attack late last night.

Read more
Suffolk Police
Wed, 09:48

Family and friends of a Lowestoft gym owner have paid tribute to an “incredible young man” who had a passion for lifting.

Read more
Facebook
08:40

A theatre company has unveiled ambitious plans to expand a prominent venue with a major £1.5m development.

Read more
Waveney District Council
14:17

A Lowestoft nursery is celebrating after being rated as Good during its latest Ofsted inspection.

Read more

Later in Life

cover

Click here to view
the Later in Life
supplement

View

Local Weather

Sunny

Sunny

max temp: 15°C

min temp: 10°C

Show Job Lists

Digital Edition

cover

Enjoy the
Lowestoft Journal
e-edition today

Subscribe

Newsletter Sign Up

Lowestoft Journal weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy