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[BUSINESS]■ STORY TIMELINE

LLOYDS BANK CUTS £2BN COSTS WITH AI STRATEGY

Lloyds Banking Group will slash £2bn in costs over four years as part of a tech-driven expansion plan. Chief executive Charlie Nunn will invest £13bn into the business by 2030, focusing on artificial intelligence and pioneering technology.

1 SOURCEFIRST SEEN JUL 30, 10:22 AM► READ THE ARTICLE
The Guardian — Technology+0m

Chief executive says the four-year plan will lead to greater efficiency but gives no details of potential job losses Bu…