Lloyds Bank will scrap the Halifax brand after 173 years, it has confirmed today.

All Halifax customer accounts will be changed to Lloyds over time, the banking giant has confirmed.

Halifax, which started life as a building society in 1852, was rumoured to be on the chopping block earlier in the year.

It said at the time: 'We regularly look at the role our brands play in supporting our customers.'

Our recent analysis shows there are 178 locations with a Lloyds and Halifax branch in close vicinity - meaning it is very likely those branches will disappear.