1. ITV Report

More bank closures to hit south of Scotland

Lloyds Bank has announced nine closures in the south of Scotland. Credit: Andrew Matthews/PA Wire/PA Images

Further bank closures have been announced across the UK by Lloyds Banking Group, and many rural branches in the south of Scotland are set to be axed.

In total 100 branches will be closed between July and October, including 24 Bank of Scotland branches.

The following banks in Dumfries & Galloway and the Scottish Borders will be closed:

  • Coldstream
  • Dalbeattie
  • Dalry
  • Gatehouse of Fleet
  • Lauder
  • Newtown St Boswells
  • Port William
  • West Linton
  • Wigtown

In England 54 Lloyds and 22 Halifax branches will be closed, but none of the branches that will be axed are in Cumbria.

The Unite Union has criticised Lloyds Bank, as more than 200 jobs are set to be lost.

The loss of a further 100 local banks will be painful for high streets across the country to absorb.

Unite is angered that another 200 staff have today been told that their job will be cut due to their branch shutting.

– Rob MacGregor, Unite national officer

A spokesperson for Lloyds said the closures were due to more people banking online, and fewer going in to their local branches.

These branch closures - previously announced in July 2016 - are in response to changing customer behaviour, and the reduced number of transactions being made in branches.

Our branches will continue to play a vital role in our multi-channel approach to meeting the full range of customer needs, and we expect to continue to have the biggest branch network in the UK.

As we continue to make investment in our network, we will further expand the mobile branch fleet across Bank of Scotland and Lloyds Bank, with the addition of nine new mobile branches. This will provide continuity of services in some of those areas affected by branch closures, alongside other ways to access banking

– Lloyds spokesman