Blow for city centre as Lloyds closes bank on Sheffield's main shopping street

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A bank is closing in Sheffield city centre in a blow to the city’s main shopping precinct.

Lloyds on The Moor will close for the final time on November 9. A Lloyds at Intake is also closing, on November 3.

They are among 66 Lloyds Banking Group branches being axed as demand falls due to phone and app-based banking, accelerated by the pandemic.

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Lloyds on The Moor is closing in November.Lloyds on The Moor is closing in November.
Lloyds on The Moor is closing in November.

The closures will consist of 48 Lloyds and 18 Halifax branches and take place between October and February.

The group has already closed 48 branches this year.

Russell Galley, director of consumer relationships, said: “Our customers have more choice than ever in how they bank with us.

The bank has closed dozens of branches due to the rise of internet and app-based banking.The bank has closed dozens of branches due to the rise of internet and app-based banking.
The bank has closed dozens of branches due to the rise of internet and app-based banking.

“As our customers do more online, visits to some branches have fallen by as much as 85 per cent over the last five years.

“Alongside our digital, online and telephone services, we’ll continue to invest in our branches, but they need to be in the right places, where they’re well-used.”

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