Universal Music is launching an AI music platform with ElevenLabs16m ago OpenAI Introduces Data Agent in ChatGPT Work to Analyze Company Data19m ago Robotics Startup Skild AI Hits $100 Million in Revenue Run Rate25m ago Is AI The Silver Bullet For Project Portfolio Management?25m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'26m ago Cohere Debuts Open-Weight 218B Mixture-of-Experts Machine Translation Model28m ago Bending Spoons agrees to buy Miro for $1.355bn, weeks after Airtable31m ago Winmau And Autodarts Bring Smart Scoring To Your Dumb Dartboard32m ago Typewise orchestrates customer-service AI agents38m ago Zuckerberg tells Sources labs holding back AI models is ‘quite dangerous’46m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding54m ago Now everyone can put data to work55m ago Instagram now lets you add tagged photos to your profile grid55m ago How To Secure The AI Features Hiding Inside Your Sanctioned SaaS Apps55m ago

Universal Music is launching an AI music platform with ElevenLabs16m ago OpenAI Introduces Data Agent in ChatGPT Work to Analyze Company Data19m ago Robotics Startup Skild AI Hits $100 Million in Revenue Run Rate25m ago Is AI The Silver Bullet For Project Portfolio Management?25m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'26m ago Cohere Debuts Open-Weight 218B Mixture-of-Experts Machine Translation Model28m ago Bending Spoons agrees to buy Miro for $1.355bn, weeks after Airtable31m ago Winmau And Autodarts Bring Smart Scoring To Your Dumb Dartboard32m ago Typewise orchestrates customer-service AI agents38m ago Zuckerberg tells Sources labs holding back AI models is ‘quite dangerous’46m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding54m ago Now everyone can put data to work55m ago Instagram now lets you add tagged photos to your profile grid55m ago How To Secure The AI Features Hiding Inside Your Sanctioned SaaS Apps55m ago

Business & Enterprise Dev4 min reading time

Lloyds Bank bets on AI to cut £2bn in costs by 2030 as profits jump

The Next WebPublished Jul 31, 2026

Lloyds Banking Group aims to cut £2bn in costs by 2030 through AI-driven automation, targeting a cost-to-income ratio below 45%. The bank plans to enhance customer services and improve employee efficiency, while facing potential job impacts amid ongoing branch closures and previous layoffs.

More on this story

Lloyds Bank to cut £2bn in costs as part of AI-powered strategy
Jul 30· The Guardian

#accelerate-2030 #ai-automation #charlie-nunn #curve-fintech #google #lloyds-banking-group

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