Lloyds Bank makes 'major' announcement and it starts 'from November'

Lloyds Bank has promised a "major" investment for customers and bank account holders in London. The high street bank says it'll re-open its 33 Old Broad Street office from November 2024 with a refurbished complex becoming the new head office in the heart of the City of London.

It will boast state-of-the-art technology and facilities with increased shared and social workspaces to help colleagues to connect, collaborate and innovate for customers. It also includes inclusive design features like sound absorbing materials, focus workspaces and maximised use of natural light.

Lloyds Banking Group is investing in its key hub sites across the UK. It ncludes the full refurbishment of the Bristol office in 2022, and the opening of the most energy efficient office building in Yorkshire in Leeds, earlier this year.

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This is in addition to refurbishments in Manchester, Birmingham, Belfast, Cardiff and recently announced investment in its properties in Edinburgh. Sharon Doherty, Chief People & Places Officer, Lloyds Banking Group said in a statement today: “We are excited by this major investment in our new head office to create a state-of-the-art, sustainable environment for our colleagues and our customers.

"A vital part of our strategy is having the right spaces in the right places for our people and our new head office will bring teams together to thrive, collaborating and innovating to serve our customers’ needs. London is an important hub for our business and our plans demonstrate our commitment to London as we continue to help Britain prosper.”

Staff and bank branch workers will be based across three offices by the end of 2025 – 33 Old Broad Street, 10 Gresham Street and 25 Gresham Street. They will also be encouraged to travel more sustainably, with new cycle storage fitted as part of the office redesign as well as 4 electric vehicle and 10 electric bike charging points.