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The Latest Breaking News from Lloyds

Bank says people can get almost 14 hours of free time every week, thanks to AI - but, of course, you need to be rich

Lloyds Bank says AI could free 14 hours weekly, but this time-saving revolution appears tailored for high earners with access to premium tech tools.

TechRadar

Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology

AI really could shift the locus of life and meaning away from work, but we must have vision and daring to make it happen, says journalist Elle Hunt

The Guardian - UK

Banks significantly increased fossil fuel financing in 2024, analysis finds

The annual Banking on Climate Chaos report found a shift in direction after fossil fuel financing had been decreasing over the previous four years.

Evening Standard

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read the most diverse news in one place.

Hey AI! Can ChatGPT help you to manage your money?

We asked a chatbot some common finance questions – and then ran its responses past human experts

The Guardian - UK

Festival-goers warned to watch out for ‘ticket traps’ when booking summer events

Music fans desperate to get their hands on coveted tickets could be susceptible to scams.

Evening Standard

Hubris, crisis and scandal: how the NatWest ‘soap opera’ unfolded

From Fred ‘the Shred’ Goodwin to Nigel Farage ousting the CEO, it’s been a bumpy ride for the now-privatised banking group, formerly RBS

The Guardian - UK

High-street bank offering £500 gift card to new customers – see if you are eligible

Only those who earn £100,000 or more a year are eligible

The Independent UK

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High street bank branches are ‘thriving’, Nationwide says

The building society suggested that customers were switching from rival banks in order to make use of its branch network.

Evening Standard

About £1bn in car loan compensation at risk because data deleted, lawyers warn

Lenders’ routine purging after six years means details of some car buyers due compensation may have been lost

The Guardian - UK

Britain’s most expensive seaside towns and cheaper ‘hidden gems’ revealed

House price data was analysed for the Lloyds Coastal Homes Review.

The Independent UK

Britain’s most expensive seaside towns and cheaper hidden gems

Salcombe in Devon, with its galleries and boutiques, is second on the Lloyds list

The Independent UK

4 mental effects of fraud – and how to heal after being scammed

Being scammed can significantly impact mental health, leading to feelings of anxiety, shame and a loss of trust.

The Independent UK

Lloyds account ‘will help empower affluent customers to reach financial goals’

The bank said the Lloyds Premier account is a ‘strategically important milestone’ in its growth ambitions for affluent customers.

The Independent UK

NatWest reveals the impact of AI on its bank and workforce

More than 60,000 people work at NatWest, with AI recently introduced at the commercial bank

The Independent UK

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Evening Standard

NatWest boss says AI is ‘addition’ to human jobs rather than replacement

Chief executive Paul Thwaite told MPs: “We don’t see a direct link between deploying technology and removal of jobs.”

The Guardian - UK

‘Free hamper – just pay P&P’: the scam offers targeting your bank details

Scammers offering prizes or free gifts to UK consumers are taking tens of thousands of pounds a year

The Guardian - UK

Man charged with murder after stabbing at Lloyds branch in Derby

Haybe Cabdiraxmaan Nur charged over killing of ‘humble, quiet and kind guy’ Gurvinder Johal

The Independent UK

Two arrested after customer stabbed to death inside city centre bank

A formal identification has not taken place, but his family have been made aware

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Evening Standard

Two men arrested after customer stabbed to death in city centre bank

A man in his 30s was attacked inside Lloyds Bank in St Peter’s Street, Derby, at around 2.35pm on Tuesday.

The Guardian - UK

UK ministers to meet bank bosses over lending to small businesses

Rachel Reeves concerned that lenders’ restrictions are holding back growth in the SME sector

Evening Standard

FTSE 100 holds on to gains as US stocks boosted

The index managed to claw back losses from earlier in the day to gain 1.95 points, or 0.02%, to close at 8,496.8.

The Guardian - UK

UK banks put £75bn into firms building climate-wrecking ‘carbon bombs’, study finds

Exclusive: Britain is key financial hub for destructive fossil fuel mega-projects, according to research

Evening Standard

Ship broking giant Clarksons issues profit warning as Trump's tariffs hit rates

FTSE 250 listed company says profits will be in the range of £85 million to £95 million

Evening Standard

Lloyds sees profits dip as bad debt provisions jump

The group reported a 7% drop in pre-tax profits to £1.52 billion for the three months to the end of March.

Evening Standard

FTSE 100 Live 01 May: Tariffs hit Lloyds profit, Rolls-Royce rallies as progress continues

A jump in bad debt provisions today left Lloyds Banking Group shares among the backmarkers during another reassuring session for FTSE 100 updates.

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