Lloyds Banking Group decision to close further 28 bank branch labelled as “inexcusable”
- Wednesday 18 May 2022
Unite, the union representing members at Lloyds Banking Group, has branded the announcement today (Wednesday 18 May) by the bank to close another 28 bank branches as “inexcusable”.
The news comes just two months after the bank announced the closure of 60 branches.
Caren Evans, Unite National Officer said: “The branch closure announcement today that another profit making financial institution is failing to consider the needs of consumers and staff beggars’ belief. This news is another example of a bank choosing to walk away from the communities who need access to banking.
“The actions of Lloyds Banking Group over the last few months are completely inexcusable. The management is letting down customers and their dedicated workforce.
“These closures will leave some customers more than 10 miles from their nearest bank branch. This is a betrayal of some of the most vulnerable, elderly and socially excluded in our communities who need local access to community banking.”
The announcement today will have an impact on 69 full time staff roles.
Across the financial services sector over 5,000 bank and building society branches have been cut from our high streets since 2015. This latest closure program will leave Lloyds Banking Group with 1,387 bank branches. In October 2021 LBG announced the closure of 48 bank branches and in June 2021 the closure of 44 local bank branches.
Notes to editors:
For media enquiries ONLY please contact Unite senior communications officer Saba Edwards 07768 693 953.