Sheffield city centre bank to close

Halifax branch at Surrey Street. Picture: Google
Halifax branch at Surrey Street. Picture: Google

A Sheffield city centre bank will be axed as part of a wider nationwide closure plan.

The Halifax branch in Surrey Street will close its doors for the final time on August 14.

It is one of 100 branches owned by the Lloyds Banking Group that will close across the UK. In total, there are 54 Lloyds branches, 22 Halifax branches and 24 Bank of Scotland branches that will shut.

The move will also result in around 200 job cuts.

A spokesperson for Lloyds Banking Group said: "The Halifax, Sheffield Surrey Street branch will close on 14 August 2017, due to the changing ways customers choose to bank with, which has resulted in customers using it less often.

"We apologise for any inconvenience that this may cause and have informed customers of the closest alternative branch, which is Sheffield High Street.”

Rob MacGregor, Unite national officer, which represents bank workers, said: “The continuous stream of branch closures announced by the UK’s retail bank branches appears to show no signs of ending. 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. Lloyds Banking Group’s rationale for branch closures is the claimed customer preference towards the use of technology across banking. However this simply doesn’t ring true when it’s clear that many customers still value the face to face engagement with experienced and knowledgeable bank staff."