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Business

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

The Guardian

BusinessThe Guardian·Jul 30, 2026·1 min read

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 losses Business live – latest updates Lloyds Banking Group will cut another £2bn of costs as part of a four-year plan under which…

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