Multiple high street banks and building societies are leaving Britain's high streets in February 2025 as the trend of bank branch closures looks set to continue over the next month. Lloyds Bank, Halifax and Bank of Scotland are among the financial institutions shutting down locations across the UK in a blow to thousands of customers and the wider economy.

New banking hubs have been recommended for two Lincolnshire towns after a number of bank closures were confirmed across the county. The Lloyds Banking Group confirmed on Wednesday, January 29, that 136 Halifax, Lloyds and Bank of Scotland branches would be closing across the country.

It will close 61 Lloyds, 61 Halifax and 14 Bank of Scotland branches between May this year and March 2026 - the banking giant has not confirmed which bank branches will be affected in this round of cl