The Manchester-based Co-Operative Group has agreed terms to buy 632 branches from Lloyds Banking Group. The move will effectively transform the Co-Op into a high-street banking presence.
Around 4.8 million customers will be transferred from Lloyds, giving the Co-Op about 7% of the current account market. It will now have just under 1000 high street branches.
More top news
Not a bad day today across the NW, but windy throughout, coastal gusts of 50-60mph again. Big waves at the coast
Gusty winds continue until later on Monday, gusts 50-60mph at the coast. Patchy rain and sunny spells for Sunday
Windy throughout the whole of the weekend, especially at the coast. High tides, so beware big waves, coastal gusts 50-60mph