Lloyds Bank to cut £2bn in costs as part of AI-powered strategy
Chief executive says the four-year plan will lead to greater efficiency but gives no details of potential job lossesBusiness live – latest updatesLloy...
Lloyd’s of London says ex-boss broke compliance rules with ‘close relationship’
John Neal failed to disclose relationship with female colleague that risked triggering conflict of interest concernsLloyd’s of London has ruled that i...
Halifax to disappear from UK high street as Lloyds axes bank brand after 173 years
Group confirms it will stop opening new accounts under the name and move existing ones to LloydsLloyds Banking Group has announced it is axing the Hal...
Lloyds Banking Group to hire 300 tech experts to work on AI
Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to jobs cuts in futureLloyds Banking Group has launched a...
Lloyds customers unable to make payments due to IT glitch
Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland appsLloyds Banking Group has apologised after thousands of i...
Halifax could disappear from UK high streets as Lloyds assesses branding strategy
Bank founded 174 years ago could be phased out as early as 1 July as part of group’s reviewBosses at Lloyds Banking Group are considering axing the Ha...
Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment
Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for BritainBusiness live – latest updatesLloyds has w...
