Banks news in 2025
5 stories, newest first.
- November 2025
Scotland first part of UK to see over half of bank and building society branches close
Consumer Scotland says Scotland became the first part of the UK where more than half of bank and building society branches have closed, with 722 of 1,041 shut and 18 more due to close as of November 2025.
- October 2025
AWS outage disrupts Lloyds Banking Group online and mobile banking
An Amazon Web Services outage on 20 October 2025 disrupted online and mobile banking at Lloyds Bank, Halifax and Bank of Scotland, with some services later restored.
- March 2025
Treasury Committee finds nine top banks had at least 33 days of outages over two years
The Treasury Committee has written to Lloyds Banking Group over an IT glitch that let some customers see other people's account information, and has restated its earlier finding on bank outages.
- January 2025
Nationwide introduces payment queueing system after surge on first working day of 2025
Nationwide introduced a payment queueing system on 4 January 2025 after a surge in payments, with around 20,000 direct debits failing and £60 compensation paid to affected customers.
The Co-operative Bank acquired by Coventry Building Society
Coventry Building Society bought The Co-operative Bank on 1 January 2025, and now plans to transfer the bank's business, including smile, into the society on 1 January 2027.