Some 830 new roles will also be part of the strategy, resulting in a net reduction of 769 jobs.

"We're introducing a number of new roles and making changes to our branch teams so our customers can see us how and when they want to," a spokesperson said.

Some staff will be offered voluntary redundancy and the most junior employees are expected not to be impacted by the losses.

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The new jobs will be customer facing and provide services across branches, via video meetings and over the phone.

Only 8% of customers choose to visit high street branches as the only way to manage their money while more than 21 million customers use online or mobile banking, Lloyds Banking group said on Thursday.

Lloyds, in common with other major high street banks, has been closing branches across the country.

Subsidiaries of the Lloyds Banking Group include Royal Bank of Scotland and Halifax.

In June the group said it would shut the doors on 21 Lloyds Bank sites, along with 15 Halifax high street branches and 17 Bank of Scotland buildings between September and May 2024.

Closure of 40 Lloyds and Halifax sites was announced last January.

Branches to be shut had seen the number of visits drop by an average of 60% in the last five years, the company said at the time.

Latest financial results showed a rise in profits amid high interest rates. The group reported pre-tax profits of £5.728bn for the nine months ending in September.

Higher base interest rates set by the Bank of England had yielded £13.7bn in income, a 7% increase from a year earlier.