Lloyds reports first-half profit up 23%, outlines AI-driven cost-cutting plans

Lloyds Banking Group reported a 23% increase in first-half profit and announced a £1 billion share buyback. CEO Charlie Nunn outlined the lender's next plan to grow core businesses and harness technology such as artificial intelligence to cut costs. The announcement was published by The Business Times on July 30, 2026.

First published Aug 4, 02:56 PM UTCUpdated Jul 30, 08:50 AM UTC1 reports · 1 sources

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Lloyds reports first-half profit up 23%, outlines AI-driven cost-cutting plans

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Lloyds reports first-half profit up 23%, outlines AI-driven cost-cutting plansThe Business TimesWesternJul 30, 08:50 AM UTC

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