Lloyds Banking Group plans to shut 136 high street branches across its Lloyds, Halifax, and Bank of Scotland brands by spring 2024, reducing its network by 15%. The closures reflect a 48% decline in branch transactions over five years as customers increasingly adopt digital banking. While staff will be offered alternative roles, concerns persist about accessibility for vulnerable customers and challenges for employees facing longer commutes. Lloyds emphasizes flexibility through app use, Post Office services, and its branch-sharing policy. The move aligns with CEO Charlie Nunn’s strategy to streamline operations amid rising digital demand.