All news on the topic: Lloyds Banking Group plc

Branches across three of the bank’s brands will be closing

Lloyds is closing 21 branches, while Halifax is closing 22 sites and Bank of Scotland (BoS) will be shuttering 10 - you can see the full list of closures below

Lloyds Banking Group was the last to report its annual results as it today revealed it made a record £7.5billion last year - a more than 50% leap on 2022

The UK's biggest banks are set to report record-high profits after a year that saw lenders benefit from higher borrowing costs, as they face questions over the outlook for the year ahead

The bank has set aside about £29 million for a programme of initiatives which it said will help manage business expenses

The average first-time buyer put down a deposit of £53,414 last year, according to Halifax

Lloyds Bank is shutting down its mobile banking service this year, after revealing plans to shed 1,600 jobs across its branch network as it moves ahead in the shift towards online banking

According to Lloyds Banking Group, only 8% of its more than 21 million banking customers choose to bank with them exclusively through its high street branches, whilst four our of five now use online banking

The bank closures include 19 Lloyds branches, 22 Halifax sites and four Bank of Scotland locations - you can see if your town is affected in our full list below

Barclays, Lloyds Banking Group and NatWest Group are due to update shareholders on their third-quarter earnings and outlook for the year

The hike in the base interest rate last week has once again put a financial strain on those on tracker or Standard Variable Rate (SVR) mortgages - and those who are about to reach the end of their fixed term

The latest announcement means 21 Lloyds Bank, 15 Halifax and 17 Bank of Scotland sites will close for good between September this year and May 2024

A total of 397 branches have closed or will close in England in 2023, along with 37 in Wales, 20 in Scotland, and five in Northern Ireland - use our map to see how your town will be affected

Bank closures have become the norm over the last few years as more people choose to do their banking online rather than in a branch

Mary and her online partner sent each other messages daily and occasionally spoke over the phone, he also sent pictures of himself in different places and with his daughter, so Mary believed he was who he said he was

Unite said in the first nine months of last year, Barclays made profits of £4.6bn, HSBC Holdings more than £8.9bn, Lloyds Banking Group over £3.9bn, and NatWest Group £2.2bn

The 15 branch closures from Barclays comes days after NatWest said it is closing 23 branches, and over a week since Lloyds Banking Group said it is shutting 40 Halifax and Lloyds sites

Lloyds Banking Group, which owns both banks, will shut 22 Lloyds branches and 18 Halifax sites - see the full list of affected towns and cities below

Huge changes at Lloyds Banking Group would reportedly see customers split into a tier system based on how much profit they generate - this would then reflect into the service they receive