Lloyds Bank to close Cambridge branch - a month after Barclays’ closure in same road

Lloyds Bank will close its branch in Chesterton Road, Cambridge, on July 31, 2023 - a month after Barclays is to shut its branch in the same street.

It is one of 81 closures announced by Lloyds Group and NatWest Group across the country this week and follows a review of usage.

The bank said: “We’ll continue to invest in our branch network, but we have to make sure our branches are where customers need and use them most. As a result, we've made the difficult decision to close this branch due to customers using it less often. In addition, the majority of customers are also using alternative ways to bank and we have another branch close by.”

The number of personal banking customers was down 52 per cent in October last year, compared to October 2017, while business customer numbers were down 59 per cent.

Some 84 per cent of branch customers also used other Lloyds Bank branches, internet banking or phone banking, it confirmed.

Numbers using the cashpoint have also fallen, with 26 per cent fewer personal customers and nine per cent fewer business customers.

The nearest alternative branch is the Cambridge University branch at 3 Sidney Street.

The decision follows Barclays’ announcement that it will close its Chesterton Road branch on June 28 - one of 14 closures it announced that month.

Lloyds Group is to close 39 outlets – 26 Lloyds branches, nine Halifax branches and four Bank of Scotland outlets – between July and September, while. NatWest Group will shut 42 branches. It brings the total closures that have been announced so far this year to 213.

Among them is the Halifax in Market Street, Newmarket, which will close on September 11 and Lloyds in Rightwell East, in Peterborough’s Bretton Centre, which is due to shut on July 17.

Full list of new closures

Bank of Scotland

• Roman Road, Bearsden – July 25
• Lawnmarket, Edinburgh – July 26
• Albert Drive, Pollokshields – July 27
• North Deeside Road, Cults – August 14

Halifax

• Rushey Green, Catford – July 18
• Emersons Green Retail Pk, Bristol – July 19
• Bridge Street, Tadcaster – August 22
• Manchester Road, Denton – August 30
• Kirkgate, Otley – September 5
• Beveridge Way, Newton Aycliffe – September 6
• John Street, Porthcawl – September 7
• Market Street, Newmarket – September 11
• Huddersfield Road, Mirfield – September 21

Lloyds

• Benton Road, Benton – July 17
• Rightwell East, Bretton Centre, Peterborough – July 17
• Sea Road, Fulwell – July 20
• Station Road, Chapeltown – July 24
• Holloway Road, London – July 25
• Carlton Hill, Carlton – July 26
• Chesterton Road, Cambridge – July 31
• High Street, Shepton Mallet – July 31
• London Road, Hazel Grove – August 1
• Thavies Inn House, Holborn Circus, London – August 1
• Threadneedle Street, London – August 2
• Heol-y-Neuadd, Tumble – August 3
• Market Street, Eckington – August 9
• Union Road, New Mills – August 17
• Grover Walk, Corringham – August 21
• Long Street, Wotton-Under-Edge – August 23
• Bridge Street, Downham Market – September 4
• Market Street, Shirebrook – September 4
• High Street, Sidmouth – September 5
• John Street, Porthcawl – September 7
• Queen Street, Withernsea – September 12
• Fore Street, Wellington – September 13
• Station Road, Newburn, Newcastle upon Tyne – September 14
• Ockham Road South, East Horsley – September 18
• Commercial Street, Ystradgynlais – September 19
• Great North Road, Doncaster – September 20

NatWest

• Gerard Street, Ashton-in-Makerfield – June 27
• Jail Yard Parade, Rothwell – June 28
• School Road, Tilehurst – June 28
• Queensway, Bletchley – June 29
• Queens Road, Bristol – July 4
• Whitgift Centre, Croydon – July 4
• High Street, Deal – July 5
• Dean Street, London – July 5
• Hilldene Avenue, Romford – July 6
• Finney Lane, Heald Green – July 11
• Holderness Road, Hull – July 11
• London Road, Isleworth – July 12
• Wells Road, Knowle – July 12
• Aldersgate Street, London – July 13
• High Street, New Malden – July 13
• Richmond Road, Cardiff – July 18
• South End, Croydon – July 19
• High Street, Street – July 19
• Anchor Road, Aldridge – July 20
• Park View, Whitley Bay – July 20
• High Street, Dorking – July 25
• Broad Street, March – July 25
• Lincoln Road, Peterborough – July 26
• Market Street, Tamworth – July 27
• Market Place, Blandford Forum – August 1
• Market Place, Wymondham – August 1
• King Street, Knutsford – August 2
• High Street, Runcorn – August 2
• High Street, Stony Stratford – August 3
• The Shopping Centre, Bournemouth – August 8
• High Street, Westbury on Trym – August 8
• Bradford Road, Brighouse – August 9
• Market Place & Bridge Street Corner, Fakenham – August 10
• St Thomas Square, Ryde – August 10
• Fore Street, Hertford – August 15
• Pavillion Buildings, Brighton – August 16
• High Street, Christchurch – August 16
• Fleet Street, London – August 17
• Garstang Road, Fulwood – August 17
• Gredley House, Stratford – November 30

Royal Bank of Scotland

• High Street, Tranent – July 27
• Church Street, Johnstone – August 15