Harborough town centre bank set to close later this year

The Halifax bank in Market Harborough is to shut later this year in a huge blow to customers.

A town centre bank in Market Harborough is to shut later this year in a huge blow to customers.

The Halifax bank on The Square is one of 44 Halifax and Lloyds Bank branches to be closed across the country.

Lloyds' retail director Vim Maru said they are wielding the axe amid “significantly fewer transactions” at the doomed outlets over the last five years as more people bank online.

Mr Maru said they had attracted over four million more digital banking customers over the last five years hitting a total of almost 18 million.

“This means that, like many businesses on the high street, we must change for a future where branches will be used in a different way, and visited less often,” he said.

The branch in Market Harborough is to close between September and November.

There will be no compulsory redundancies among staff, the company says.

But the Unite union said the bank’s closure is a “bitter blow” to both employees and customers.