Report: Halifax worker allegedly steals £720,000 from own branch

A Halifax employee has been arrested for allegedly stealing £720,000 from his own branch, according to The Sun.

A worker in the bank's Redditch branch is alleged to have stolen the money from ATMs over a period of seven months, the newspaper reports.

Halifax, part of taxpayer-backed Lloyds Banking Group, said in a statement:

Following an internal investigation, an employee has subsequently been arrested relating to an incident at the Redditch branch.

We continue to assist the police with their inquiries. It would be inappropriate to comment further at this stage.