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Money & business

Lloyds plans £2bn in cuts as AI takes on advice, pricing and mortgage checks

The UK's biggest high street bank will lean on AI and agentic tech to cut costs and grow, while staying vague on how many jobs go.

Affects:WorkTech & AIGovernment
Mixed4 min read · August 1, 2026
A modern UK high street bank branch interior, softly lit, with a lone customer at a counter speaking to a bank employee while a tablet displaying simple financial charts sits between them. Documentary photographic style, natural window light, no visible text or logos.

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