Monmouth’s last remaining ‘Big Four’ bank has escaped the knife as Lloyds Banking Group announces it is shutting another 66 more branches permanently, including Caldicot and Cinderford.

The closures will see 48 branches of Lloyds Bank and 18 Halifax branches close for good between October 2022 and February 2023.

It is the fourth announcement from Lloyds Banking Group about closures in recent months Affecting branches in England, Wales and Northern Ireland.

Across the country, 133 Lloyds Bank branches, 50 Halifax branches and 19 Bank of Scotland branches will close by early 2023. Lloyds has already said 28 outlets would close between August and November this year, while a further 60 sites are shutting between June and September.

Customers who find their nearest branch is closing will have at least one free-to-use ATM within half a mile. Customers can also access some Lloyds and Halifax services through the Post Office.

The increase in online banking has seen the number of high street banks and building societies drastically reduce over recent years.