AI push is putting banks at mercy of tech firms, warns Moody’s Finance sector will gain from the tech but it will need substantial investment and create risks, says rating agency The Guardian - UK · Aug 9
Bank battle: history suggests Burnham faces fight if he opts for windfall tax As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households The Guardian - UK · Aug 5
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 The Guardian - UK · Jul 30
Lloyds targets another £2bn cost-cutting as half-year profit jumps by 23% The banking group unveiled the new four-year strategy which will come into effect from 2027. Evening Standard · Jul 30
Lloyds kickstarts £2bn cost-cutting plan powered by AI after scrapping Halifax brand Lloyds recently decided to scrap the Halifax brand and change it to Lloyds The Independent UK · Jul 30
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 job cuts in future The Guardian - UK · Jun 20
Halifax could disappear from UK high streets as Lloyds assesses branding strategy Bank founded 174 years ago could be phased out from as early as 1 July as part of group’s review The Guardian - UK · May 18
Lloyds investigating after using staff’s bank account data in pay talks CEO Charlie Nunn tells employees that issue ‘created some concern’ but insisted ‘we definitely have listened to it’ The Guardian - UK · Feb 16
Lloyds sets out new pay policy with potential for boss to land £17.7m payout Lloyds said the changes would more closely align pay to the financial performance of the bank. Evening Standard · Feb 13
Lloyds boss warns bankers must ‘reskill themselves’ to survive AI boom Charlie Nunn says banks will be hiring staff with different skill sets as customer experience will ‘radically change’ The Guardian - UK · Jan 29
Lloyds CEO Charlie Nunn latest banking boss in line for huge bonus hike Barclays, HSBC and NatWest shareholders already approved big pay rises after post Brexit loosening of remuneration rules The Guardian - UK · Jan 11
Lloyds earnings slide by 36% after motor finance hit The bank reported a pre-tax profit of £1.2 billion between July and September. Evening Standard · Oct 23, 2025
FTSE 100 Live 23 October: Index near record, results boost for Rentokil and LSEG Lloyds Banking Group and Unilever are among the companies in the spotlight amid a busy session for FTSE 100 updates. Evening Standard · Oct 23, 2025
Lloyds to put chief executive and all top bosses through six-month AI course Around 300 senior managers across the banking group are expected to take part in the bespoke programme. Evening Standard · Oct 12, 2025
The Guardian - UK · Sep 12, 2025 Barclays boss urges UK ministers to limit public sector pay rises TUC says CS Venkatakrishnan has ‘brass neck’ calling for curbs when his pay packet has doubled to £10.5m
The Independent UK · Sep 5, 2025 Voices: Does firing your worst employees ever make business sense? COMMENT : As Lloyds plans to cut its bottom 5 per cent of staff, James Moore asks if threatening thousands of ‘underperformers’ with the sack can have an energising effect on the workforce
The Guardian - UK · Sep 4, 2025 Lloyds to warn 3,000 staff they face sack for ‘underperformance’ With economic uncertainty leading fewer people to leave, bank will put one in 20 on ‘performance plans’
Evening Standard · Jul 24, 2025 Lloyds boss warns Reeves against raising bank taxes amid growth mission Charlie Nunn said such increases would not be ‘consistent’ with the Government’s plans.
The Guardian - UK · Jul 24, 2025 Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17% Charlie Nunn says higher taxation would be inconsistent with chancellor’s drive for growth
The Guardian - UK · Jul 15, 2025 Reeves unveils City strategy aimed at cutting red tape and fuelling UK growth ‘Leeds Reforms’ include streamlined accountability for senior bankers and a campaign to get more consumers investing in stock market
The Independent UK · Jul 7, 2025 Labour’s pension plans remind me of communist China, says Lloyds chief Proposed £25bn megafunds will seek to create more long-term wealth for people
Evening Standard · Feb 28, 2025 Prince of Wales wants project to end homelessness ‘to move to the mainstream’ The prince visited an 11-bed housing scheme in Poole for people with mental health issues.
Evening Standard · Feb 27, 2025 Lloyds boss gets nearly £2m pay rise amid profit slump and branch closures Chief executive Charlie Nunn took home £5.6 million last year, boosted by long-term bonus payments tied to Lloyds’s shares.
The Guardian - UK · Feb 20, 2025 Lloyds puts aside a further £700m for compensation over car finance scandal Profits hit as total held back for payouts rises to almost £1.2bn amid uncertainty over final financial impact