Date set for closure of Gloucester bank branch

The date of the closure of a high street bank branch in Gloucester has been set months after it was announced that closures would take place. Barclays and Lloyds Banking Group, which includes Halifax and Bank of Scotland, had announced more than 60 branch closures between them, removing sites from communities across the country.

Now it has been announced that the Lloyds in Bristol Road will close on September 18. Banks in England, Wales, Scotland and Northern Ireland are set to be closed as part of the latest cull by the banking giants.

The branches are thought to employ 124 people, but Lloyds had previously said it would try to find affected staff new roles within the company. In 2022 the bank said it had seen a 27 per cent rise in use of its mobile banking app over the last two years, and a 12 per cent rise in regular users of its online banking system.

Now 18.6 million people regularly bank online and 15 million use the mobile app. “Just like many other high street businesses, fewer customers are choosing to visit our branches,” the business’s group retail director Vim Maru said.

“Our branch network is an important way for us to support our customers, but we need to adapt to the significant growth in customers choosing to do most of their everyday banking online.”

References

1. ^{^} Gloucester council ‘would be stupid’ to reject bid to build 180 homes near M5 (www.gloucestershirelive.co.uk)