Business expansion
United Kingdom
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

1,500 jobs
Number of planned job creations
Job creation
Announcement Date
1 March 2006
Employment effect (start)
Foreseen end date


The UK's fourth-largest bank, HBOS, is to open 100 new Halifax branches in the south of England creating 1,500 jobs as it looks to increase its market share. HBOS said it would open the 100 new Halifax branches over the next five years. HBOS plans to open 12 of the branches this year. About half of the 100 branches will be in towns where Halifax has had little or no representation. The High Street lender currently has about 1,000 Halifax branches across the UK, with 300 Bank of Scotland outlets. That gives HBOS almost 10% of the country's bank and building society branches.



Eurofound (2006), HBOS, Business expansion in United Kingdom, factsheet number 63160, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63160.