Lloyds, one of the biggest banking groups in the United Kingdom, has announced a bold and wide-ranging plan that could reshape how banks work in the digital age. The group will train all 67,000 employees in artificial intelligence, marking one of the largest workforce upskilling programmes ever launched by a UK bank. This move places…
Lloyds Banking Group has reported a sharp 36% decline in third-quarter profit, mainly due to rising costs from its car finance division. While the bank’s core operations, including lending and deposits, remain strong, heavy provisions for potential compensation linked to past motor-finance mis-selling have overshadowed the results. Q3 Results at a Glance Lloyds reported a…
Lloyds Banking Group has reported a strong 17% jump in profits. That’s big news in the UK banking world. But instead of just celebrating, the bank’s CEO has raised a concern. He’s worried that the government might increase taxes on banks. Why does this matter to us? Because banks play a huge role in our…