Whistleblower reveals third of Halifax branches 'to close'

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One in three Halifax branches faces closure by owner Lloyds in one of the largest bank culls to date.

The move would wipe out 550 small branches and 'agency counters' inside the offices of solicitors and financial consultants, cause huge job losses and intensify fears Halifax could disappear completely, The Daily Mail reports. Britain's largest building society currently has about 1,300 branches. An insider, who leaked details of ‘Project Tulip', the name assigned to the secret closure plan, claims Lloyds Banking Group (LBG) plans to stagger the closures to minimise critical media coverage and avoid customers swamping helplines. 'I was told in a meeting earlier this year that anoth...

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