Story thread · 16 reports / 12 sources

‘It’s going to impact work’: Lloyds to cut £2bn in costs with AI

cityam.com · 12d

How the coverage leans

Across 12 sources · syndicated copies counted once

The boss of Lloyds Banking Group is preparing to wield the axe on its cost base as the bank doubles down on AI ambitions. Charlie Nunn, the chief executive of the financial services giant, said AI is “going to impact work” and “require us to reskill people and hire new people” as he revealed a [...]

First report: Barclays, Halifax and Lloyds crash leaving hundreds of customers unable to access accounts metro.co.uk, 15d

The coverage

  1. Lloyds kickstarts £2bn cost-cutting strategy powered by AI after scrapping Halifax brand

    independent.co.uk · 12d

  2. Lloyds Bank to cut £2bn in costs as part of AI-powered strategy

    theguardian.com · 12d

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