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
Gales and showers slowly easing. A little quieter for Wednesday - less cold, less windy but with more cloud
Sir Alex Ferguson said it was "nonsense" to suggest the correct processes were not followed prior to the appointment of David Moyes.
A court has heard a toddler from Blackpool died after drink methadone kept by her parents in Fruit Shoot soft drink bottles.