Lloyds Banking Group has unveiled plans to cut costs by £2 billion through a new four-year strategy centred on artificial intelligence, digital investment and productivity gains.
Lloyds stung by car finance scandal — £800m more set aside
Lloyds Sets Aside Additional £800m for Motor Finance Compensation, Taking Total to Nearly £2bn
Lloyds Reaffirms £1bn+ Payout Expectation in Motor Finance Scandal
Lloyds Bank has confirmed it still expects to pay more than £1 billion in compensation linked to the motor finance scandal, despite the Supreme Court’s ruling on Friday.