Lender Halifax to leave high street in Lloyds move

The Halifax brand is being scrapped after 173 years on British high streets in a Lloyds rebrand.

The well-known name will be phased out over coming months.

The move means Lloyds Banking Group – which has owned Halifax since 2009 – will become the group’s lead brand in England, Wales and Northern Ireland.

Officials say the change won’t result in job cuts, with Halifax branches set to rebranded as Lloyds or shifted to a nearby Lloyds base throughout 2027.

Halifax will stop opening new accounts as part of the phase-out.

Halifax was founded in West Yorkshire in 1853 before growing to become one of the UK’s largest building societies.

Its mutual status disappeared in 1997 after listing its shares on the London Stock Exchange, before merging with Bank of Scotland and later being acquired by Lloyds Banking Group.

Jas Singh, Lloyds Banking Group’s chief executive of consumer relationships, said: “As Halifax changes to Lloyds, our Halifax customers will keep everything they know and love today – the same fantastic app design, the same friendly faces in branches and even the same sort code and account number.”

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