well chris the story i read said that lloyds were closing branches and laying off 3000
staff in preparation of tough times ahead - meaning of course brexit
i agree with you that most countries are behind the uk when it comes to banking
if the future was rose in the uk with bigger things to come, why cut the branches and 3000 staff now ?
lloyds is the biggest house mortgage lending high street bank in the UK, northern rock was the biggest in scotland at the time the government stole it
lloyds does not just lend in the UK
it has branches in the main cities in switzerland for example
europe and across the world (not in bulgaria )
the story i read was saying lloyds were slashing in prep for brexit
because if in two years time, if the uk banks do not continue its trade
with the 27 other EU countries, then of course it profits will be severly
the fact that they are steam lining their activities now is in direct response
to the leave vote
otherwise chris, if it's because of what you say, more people are using the internet now and going into their branches less, then why have uk banks not shut say 30 branches each, every year, over the past 5 years for example.
surely people going online, is a gradual process and one would think banks
would slowly close branches down as they saw less and less people going into
them ? say 10 close 10 branches every year for examle.
then i would buy your theory.
i have a lloyds account.
i go into my branch every week, random times.
the always and still have people in q's waiting to be served.
the levels to me seem similar to that over the past 5 years.
self employed people will always need to go in once a week and do their banking
pay cheques in etc and draw cash out weekly to live on.
two vital services you cannot do online, at home, sitting in your bedroom
so lloyds closing 200 branches and 3000 jobs going now, put down to brexit.
not people going online all of a sudden.
sorry nick -
did you say you voted to leave or remain ?