Lloyds Bank bets on AI to cut £2bn in costs by 2030 as profits jump

Lloyds Banking Group is betting on artificial intelligence to strip £2bn from its costs by 2030, the clearest sign yet that Britain’s biggest high-street lender sees automation as central to its future. The target, unveiled alongside half-year results that showed pre-tax profit up 23%, lands just as Morgan Stanley warns European banks could shed a […] This story continues at The Next Web

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