{"id":1204,"date":"2025-03-19T14:50:38","date_gmt":"2025-03-19T14:50:38","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/knowledge\/articles\/what-do-bank-closures-mean-for-small-businesses\/"},"modified":"2025-03-19T14:50:39","modified_gmt":"2025-03-19T14:50:39","slug":"what-do-bank-closures-mean-for-small-businesses","status":"publish","type":"knowledge","link":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/","title":{"rendered":"Lloyds and Santander bank closures \u2013 how will they affect small businesses?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">With news that Santander is closing almost 100 UK branches, after Lloyds Banking Group announced the closure of 136 branches in January, we look at what to do if your bank closes.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Banks and building societies have closed over 6,000 branches since 2015, according to research from consumer champion Which? \u2013 equivalent to more than 50 each month.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This impacts access to cash for small businesses, making it more difficult and time-consuming to deposit and withdraw money.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-santander-bank-branch-closures\">Santander Bank branch closures<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Santander has announced that it will close 95 branches across its UK network, bringing its total down to 349 from 444.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Of the branches that remain open, 36 will have reduced hours and 18 will have their front counters removed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Spanish bank says that it\u2019s closing branches as more of its customers bank online.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In areas where Santander closures are taking place, customers will be served by 95 \u2018community bankers\u2019 who will visit places like libraries on a weekly basis.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Earlier this year, Lloyds Banking Group announced it would be closing 61 Lloyds branches, 61 Halifax branches, and 14 Bank of Scotland branches. These closures will reduce its network by 136 branches to 757.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tracking UK bank closures&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">According to Which?\u2019s report, some areas will be hit harder than others. More rural communities that don\u2019t have easy access to other branches will be more affected.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.which.co.uk\/money\/banking\/switching-your-bank\/bank-branch-closures-is-your-local-bank-closing-a28n44c8z0h5\" rel=\"noopener noreferrer\" target=\"_blank\">Which? has a useful tool <\/a>that you can use to find out whether your local bank branch is closing or has recently closed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The guide shows the banks that have closed the most branches since 2019, as well as the most impacted areas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can also check which parliamentary constituencies have lost the most branches.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are 30 entire UK constituencies without a brick and mortar bank branch, and 60 are down to their final branch. These areas have no branches left and have lost 100 per cent of their bank network:<\/p>\n\n\n\n<div id=\"nba-body-001\">\n<\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\">Bradford South<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Erith and Thamesmead<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Glasgow North East<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Liverpool, West Derby<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Nottingham East<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Sheffield, Hallam<\/li>\n\n\n\n<li class=\"wp-block-list-item\">St Helens North<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Warrington North<\/li>\n\n\n\n<li class=\"wp-block-list-item\">Wentworth and Dearne<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How will businesses be protected against bank closures?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Organisations like Which?, UK cash machine network LINK, and the FCA are making sure that banking customers know which banks are closing branches (and when). They\u2019re also taking steps to assess the impact of bank closures on the community.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, <a href=\"https:\/\/www.link.co.uk\/initiatives\/bank-branch-closures\/\" rel=\"noopener noreferrer\" target=\"_blank\">LINK<\/a> reviews a community\u2019s needs once it\u2019s been told about a branch closure, and establishes whether a new \u2018<a href=\"https:\/\/www.moneysavingexpert.com\/news\/2022\/09\/more-banking-hubs-to-open-across-the-uk-to-help-people-get-acces\/\" rel=\"noopener noreferrer\" target=\"_blank\">banking hubs<\/a>\u2019 could be launched there to protect access to cash. However opening these hubs has been slow going, with only 76 out of a recommended 162 having been opened as of September 2024.\u00a0The government has an overall target of 350 new banking hubs by 2029.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The FCA also has created <a href=\"https:\/\/www.fca.org.uk\/publications\/finalised-guidance\/fg22-6-branch-and-atm-closures-or-conversions\" rel=\"noopener noreferrer\" target=\"_blank\">guidance for banks<\/a>, setting out expectations when they\u2019re considering either closing a branch or partially shutting down services (for example, removing ATMs). The bank should analyse:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\">the needs of customers currently using the sites (including the needs of relevant small and micro businesses and customers in vulnerable circumstances)<\/li>\n\n\n\n<li class=\"wp-block-list-item\">the likely impact of the closure or conversion, and alternatives that could continue to meet customers\u2019 needs<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What to do if your bank is closing&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If your bank is closing, there\u2019s a number of measures you can take to make sure you can still access all the banking services needed to successfully run your business.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-switch-banks-nbsp\"><strong>Switch banks&nbsp;<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you prefer to use a bank with a real-world branch, you can use the Current Account Switching Service to safely move your banking to a new bank or building society.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This will help you move your money, standing orders, Direct Debits, and even future payments to a new account with a bank you can visit in person. Sometimes banks offer incentives for switching, like a cash bonus, and you might be able to access a higher rate of interest on savings or lower overdraft fees.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you have a small business loan, many banks will let you use another provider to manage your business banking while continuing to manage your loan. You might have to open something called a fee-free Loan Servicing Account with your old bank while you pay off the loan.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Find out more about switching bank accounts with our full guide.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-go-digital-nbsp\"><strong>Go digital&nbsp;<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There\u2019s a number of brilliant banking apps that let you access most services from your phone. You can even pay into your account by cheque by taking a picture with your phone.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some are online only, but almost all high street banks offer banking apps too. You might find that sticking with your current bank and using their banking app will allow you to do everything you need to run your business.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Check out the <a href=\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/best-small-business-bank-account\/\" data-type=\"knowledge\" data-id=\"1332\" >best small business bank accounts<\/a> with banking apps.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-use-the-post-office-nbsp\"><strong>Use the post office&nbsp;<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Finally, you can actually pay in and take out money from most banks at the Post Office. Head to the counter and you can use your card and PIN to access services, and even pay in cheques.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-more-business-banking-guides\"><strong>More business banking guides<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"wp-block-list-item\"><a href=\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/cash-deposit-limits-for-businesses\/\" data-type=\"knowledge\" data-id=\"25217\" >Cash deposit limits on business bank accounts<\/a><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><a href=\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/getting-a-mortgage-when-self-employed\/\" data-type=\"knowledge\" data-id=\"1093\" >How to get a mortgage when self-employed<\/a><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><a href=\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/joint-business-account-for-small-businesses\/\" data-type=\"knowledge\" data-id=\"1466\" >The best joint business account for small businesses<\/a><\/li>\n\n\n\n<li class=\"wp-block-list-item\"><a href=\"https:\/\/www.simplybusiness.co.uk\/knowledge\/business-structure\/current-bank-of-england-base-rate-for-businesses\/\" data-type=\"knowledge\" data-id=\"1374\" >How the Bank of England base rate affects your business<\/a><\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group has-azure-200-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-94e519ba wp-block-group-is-layout-constrained\" style=\"padding-top:var(--wp--preset--spacing--80);padding-right:var(--wp--preset--spacing--40);padding-bottom:var(--wp--preset--spacing--80);padding-left:var(--wp--preset--spacing--40)\">\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"h-looking-for-self-employed-insurance\">Looking for self-employed insurance?<\/h3>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">With Simply Business you can build a single <a href=\"\/business-insurance\/self-employed-insurance\/\">self employed insurance<\/a> policy combining the covers that are relevant to you. Whether it&#8217;s <a href=\"\/business-insurance\/public-liability-insurance\/\">public liability insurance<\/a>, <a href=\"\/business-insurance\/professional-indemnity-insurance\/\">professional indemnity<\/a> or whatever else you need, we&#8217;ll run you a quick quote online, and let you decide if we&#8217;re a good fit.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/quote.simplybusiness.co.uk\/business\">Start your quote<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em><br><\/em><\/p>\n\n\n\n<div id=\"nba-body-end\">\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Banks are closing branches across the UK.<\/p>\n","protected":false},"author":3,"featured_media":3043,"comment_status":"open","ping_status":"closed","template":"","meta":{"sb_hreflang":"","sb_hreflang_url":"","disable_breadcrumbs":false,"sb_breadcrumbs":[],"sb_reviewed_by":"","sb_review_date":"","sb_enable_content_gating":true,"footnotes":""},"categories":[356,110],"hidden-category":[],"coauthors":[308],"class_list":["post-1204","knowledge","type-knowledge","status-publish","has-post-thumbnail","hentry","category-banking","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lloyds and Santander bank closures \u2013 impact on small businesses<\/title>\n<meta name=\"description\" content=\"How will Lloyds and Santander bank closures impact small businesses? Find out more about what to do if your local branch is closing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What do bank closures mean for small businesses?\" \/>\n<meta property=\"og:description\" content=\"Banks are closing branches all over the country.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/\" \/>\n<meta property=\"og:site_name\" content=\"Simply Business UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/simplybusiness\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-19T14:50:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/06\/cash-machine.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Lloyds and Santander bank closures \u2013 how will they affect small businesses?\" \/>\n<meta name=\"twitter:site\" content=\"@simplybusiness\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"5 minutes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data2\" content=\"Lucy England\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/\"},\"author\":{\"@type\":\"Person\",\"name\":\"Lucy England\",\"description\":\"Lucy England has been writing for and about small businesses for around ten years. Initially working as a journalist covering tech startups, Lucy has extensive experience writing about insurance, fintech, tax and financial services for brands including Moneycorp and Muse Finance. Lucy has also supported a number of small businesses with their marketing, across industries as diverse as engineering and management consulting. <a href=\\\"https:\/\/www.linkedin.com\/in\/lucyengland\/\u201c target=\\\">Connect with Lucy on LinkedIn.<\/a>\"},\"headline\":\"Lloyds and Santander bank closures \u2013 how will they affect small businesses?\",\"datePublished\":\"2025-03-19T14:50:38+00:00\",\"dateModified\":\"2025-03-19T14:50:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/\"},\"wordCount\":942,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg\",\"articleSection\":[\"Business banking\",\"Small business news\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/\",\"url\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/\",\"name\":\"Lloyds and Santander bank closures \u2013 impact on small businesses\",\"isPartOf\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg\",\"datePublished\":\"2025-03-19T14:50:38+00:00\",\"dateModified\":\"2025-03-19T14:50:39+00:00\",\"description\":\"How will Lloyds and Santander bank closures impact small businesses? Find out more about what to do if your local branch is closing.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage\",\"url\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg\",\"contentUrl\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg\",\"width\":815,\"height\":543,\"caption\":\"cash-machine.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.simplybusiness.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Knowledge\",\"item\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/%category%\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Lloyds and Santander bank closures \u2013 how will they affect small businesses?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/#website\",\"url\":\"https:\/\/www.simplybusiness.co.uk\/\",\"name\":\"Simply Business UK\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.simplybusiness.co.uk\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.simplybusiness.co.uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/#\/schema\/person\/73ec77668d0ec554cd7df8942c664049\",\"name\":\"elliottstocks\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business\/dist\/images\/default-author-avatar.webp9df6147f02078f0218660330fdfbacf3\",\"url\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business\/dist\/images\/default-author-avatar.webp\",\"contentUrl\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business\/dist\/images\/default-author-avatar.webp\",\"caption\":\"elliottstocks\"}},{\"@type\":\"PostalAddress\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#local-main-place-address\",\"streetAddress\":\"Hylo, 105 Bunhill Row\",\"addressLocality\":\"London\",\"postalCode\":\"EC1Y 8LZ\",\"addressCountry\":\"GB\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#local-main-organization-logo\",\"url\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/logo.png\",\"contentUrl\":\"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/logo.png\",\"width\":533,\"height\":187,\"caption\":\"Simply Business UK\"}]}<\/script>\n<meta name=\"geo.placename\" content=\"London\" \/>\n<meta name=\"geo.region\" content=\"United Kingdom (UK)\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Lloyds and Santander bank closures \u2013 impact on small businesses","description":"How will Lloyds and Santander bank closures impact small businesses? Find out more about what to do if your local branch is closing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/","og_locale":"en_GB","og_type":"article","og_title":"What do bank closures mean for small businesses?","og_description":"Banks are closing branches all over the country.","og_url":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/","og_site_name":"Simply Business UK","article_publisher":"https:\/\/www.facebook.com\/simplybusiness","article_modified_time":"2025-03-19T14:50:39+00:00","og_image":[{"url":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/06\/cash-machine.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_title":"Lloyds and Santander bank closures \u2013 how will they affect small businesses?","twitter_site":"@simplybusiness","twitter_misc":{"Est. reading time":"5 minutes","Written by":"Lucy England"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#article","isPartOf":{"@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/"},"author":{"@type":"Person","name":"Lucy England","description":"Lucy England has been writing for and about small businesses for around ten years. Initially working as a journalist covering tech startups, Lucy has extensive experience writing about insurance, fintech, tax and financial services for brands including Moneycorp and Muse Finance. Lucy has also supported a number of small businesses with their marketing, across industries as diverse as engineering and management consulting. <a href=\"https:\/\/www.linkedin.com\/in\/lucyengland\/\u201c target=\">Connect with Lucy on LinkedIn.<\/a>"},"headline":"Lloyds and Santander bank closures \u2013 how will they affect small businesses?","datePublished":"2025-03-19T14:50:38+00:00","dateModified":"2025-03-19T14:50:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/"},"wordCount":942,"commentCount":0,"publisher":{"@id":"https:\/\/www.simplybusiness.co.uk\/#organization"},"image":{"@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg","articleSection":["Business banking","Small business news"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/","url":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/","name":"Lloyds and Santander bank closures \u2013 impact on small businesses","isPartOf":{"@id":"https:\/\/www.simplybusiness.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage"},"image":{"@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage"},"thumbnailUrl":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg","datePublished":"2025-03-19T14:50:38+00:00","dateModified":"2025-03-19T14:50:39+00:00","description":"How will Lloyds and Santander bank closures impact small businesses? Find out more about what to do if your local branch is closing.","breadcrumb":{"@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#primaryimage","url":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg","contentUrl":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg","width":815,"height":543,"caption":"cash-machine.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.simplybusiness.co.uk\/"},{"@type":"ListItem","position":2,"name":"Knowledge","item":"https:\/\/www.simplybusiness.co.uk\/knowledge\/%category%\/"},{"@type":"ListItem","position":3,"name":"Lloyds and Santander bank closures \u2013 how will they affect small businesses?"}]},{"@type":"WebSite","@id":"https:\/\/www.simplybusiness.co.uk\/#website","url":"https:\/\/www.simplybusiness.co.uk\/","name":"Simply Business UK","description":"","publisher":{"@id":"https:\/\/www.simplybusiness.co.uk\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.simplybusiness.co.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.simplybusiness.co.uk\/#\/schema\/person\/73ec77668d0ec554cd7df8942c664049","name":"elliottstocks","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business\/dist\/images\/default-author-avatar.webp9df6147f02078f0218660330fdfbacf3","url":"https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business\/dist\/images\/default-author-avatar.webp","contentUrl":"https:\/\/www.simplybusiness.co.uk\/wp-content\/themes\/simply-business\/dist\/images\/default-author-avatar.webp","caption":"elliottstocks"}},{"@type":"PostalAddress","@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#local-main-place-address","streetAddress":"Hylo, 105 Bunhill Row","addressLocality":"London","postalCode":"EC1Y 8LZ","addressCountry":"GB"},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/#local-main-organization-logo","url":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/logo.png","contentUrl":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/logo.png","width":533,"height":187,"caption":"Simply Business UK"}]},"geo.placename":"London","geo.region":"United Kingdom (UK)"},"parsely":{"version":"1.1.0","canonical_url":"https:\/\/simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Lloyds and Santander bank closures \u2013 how will they affect small businesses?","url":"http:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/what-do-bank-closures-mean-for-small-businesses\/"},"thumbnailUrl":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg?w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/05\/cash-machine.jpg"},"articleSection":"Business banking","author":[{"@type":"Person","name":"Lucy England"}],"creator":["Lucy England"],"publisher":{"@type":"Organization","name":"Simply Business UK","logo":"https:\/\/www.simplybusiness.co.uk\/wp-content\/uploads\/sites\/3\/2024\/04\/icon-512x512-1.png"},"keywords":[],"dateCreated":"2025-03-19T14:50:38Z","datePublished":"2025-03-19T14:50:38Z","dateModified":"2025-03-19T14:50:39Z"},"rendered":"<script type=\"application\/ld+json\" class=\"wp-parsely-metadata\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Lloyds and Santander bank closures \\u2013 how will they affect small businesses?\",\"url\":\"http:\\\/\\\/www.simplybusiness.co.uk\\\/knowledge\\\/banking\\\/what-do-bank-closures-mean-for-small-businesses\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.simplybusiness.co.uk\\\/knowledge\\\/banking\\\/what-do-bank-closures-mean-for-small-businesses\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.simplybusiness.co.uk\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/05\\\/cash-machine.jpg?w=150&h=150&crop=1\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.simplybusiness.co.uk\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/05\\\/cash-machine.jpg\"},\"articleSection\":\"Business banking\",\"author\":[{\"@type\":\"Person\",\"name\":\"Lucy England\"}],\"creator\":[\"Lucy England\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"Simply Business UK\",\"logo\":\"https:\\\/\\\/www.simplybusiness.co.uk\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/04\\\/icon-512x512-1.png\"},\"keywords\":[],\"dateCreated\":\"2025-03-19T14:50:38Z\",\"datePublished\":\"2025-03-19T14:50:38Z\",\"dateModified\":\"2025-03-19T14:50:39Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/simplybusiness.co.uk\/p.js"},"_links":{"self":[{"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/knowledge\/1204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/knowledge"}],"about":[{"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/types\/knowledge"}],"author":[{"embeddable":true,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/comments?post=1204"}],"version-history":[{"count":7,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/knowledge\/1204\/revisions"}],"predecessor-version":[{"id":33887,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/knowledge\/1204\/revisions\/33887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/media\/3043"}],"wp:attachment":[{"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/media?parent=1204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/categories?post=1204"},{"taxonomy":"hidden-category","embeddable":true,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/hidden-category?post=1204"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.simplybusiness.co.uk\/wp-json\/wp\/v2\/coauthors?post=1204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}