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Halifax to vanish from UK high streets after 173 Years
Key takeaways
- Add ARY News on Google AAResize Halifax will disappear from British high streets after 173 years.
- Founded in 1853 as the Halifax Permanent Benefit Building Society, the brand grew to become one of the UK’s biggest mortgage lenders and a fixture of the high street.
- Lloyds said the move is to simplify its portfolio.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize Halifax will disappear from British high streets after 173 years. Lloyds Banking Group has confirmed it will phase out the brand from next year, with all Halifax branches rebranded as Lloyds and customer accounts moved across.
Founded in 1853 as the Halifax Permanent Benefit Building Society, the brand grew to become one of the UK’s biggest mortgage lenders and a fixture of the high street.
Lloyds said the move is to simplify its portfolio. The distinction between Halifax and Lloyds has become less clear in recent years, reducing the need for two separate brands. Bank of Scotland will remain unchanged north of the border.
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