Boston is set to lose another major bank branch after it was revealed that Halifax will close its town centre branch as part of a nationwide programme of closures announced by Lloyds Banking Group.
The news comes just days after the closure of the town’s NatWest branch this week, and follows the closure of Santander’s Boston branch last month, marking a significant reduction in face-to-face banking services available within the town centre.
Lloyds Banking Group has confirmed plans to close a further 79 branches across Britain over the next year, including 48 Halifax branches and 31 Lloyds Bank locations.
No date has yet been announced for the closure of the Halifax branch in Boston.
The banking giant says the decision reflects changing customer behaviour, with more people choosing to use mobile apps and online banking services rather than visiting branches in person.
A spokesperson for Lloyds Banking Group said: “With access to one of the biggest branch networks in the UK, alongside local banking options like our Community Bankers, the Post Office, PayPoint, plus our leading apps and 24/7 messaging service, we offer our customers more choice and convenience than ever before.”
The latest announcement follows an earlier decision by the group to close a further 95 branches, announced in February.
If all of the latest closures proceed, Lloyds Banking Group will be left operating 531 branches across Britain.
The continued withdrawal of banks from high streets has become a growing concern for many communities, particularly among older residents and those who rely on face-to-face banking services.
The Civil Service Pensioners’ Alliance has previously warned that the rapid reduction in branch networks risks leaving vulnerable customers behind, especially those who may struggle with digital banking services.
Before today’s announcement, almost 250 bank branches across the UK were already scheduled to close during 2026, with Santander closing 54 branches and NatWest closing 35 locations this year alone.
The loss of Halifax will leave Boston with even fewer banking options in the town centre and continues a trend that has seen many traditional high street services disappear in recent years.
Lloyds Banking Group has not yet confirmed the exact date the Boston branch will close, but customers are expected to be contacted once arrangements have been finalised.
Cover Image: Julie Perron
