Halifax brand to be scrapped after 173 years
Summary
The Halifax banking brand will be phased out after 173 years, with all accounts rebranded as Lloyds. Lloyds Banking Group, which owns Halifax, said customers will keep their current details and services, and no jobs will be cut during the change.Key Facts
- Halifax was founded in 1853 in West Yorkshire and became one of the UK’s largest building societies.
- Lloyds Banking Group bought Halifax in 2009 and decided to retire the Halifax brand to simplify their business.
- Customers will keep the same app, branch staff, account numbers, and sort codes after rebranding.
- Halifax branches will be renamed Lloyds or merged with nearby branches during 2027.
- About 3,000 staff work at Lloyds’ Halifax office in Trinity Road, West Yorkshire.
- Lloyds recently invested £116 million to upgrade the Halifax head office building.
- Local leaders expressed sadness about losing the Halifax name but welcomed the commitment to keep branches open.
- No job losses have been announced as part of the rebranding process.
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