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Lloyds Banking Group to hire 300 tech experts to work on AI

https://www.theguardian.com/profile/kalyeena-makortoff· ·3 min read · 0 reactions · 0 comments · 32 views
Lloyds Banking Group to hire 300 tech experts to work on AI
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News of Lloyds’s AI recruitment drive comes as the group’s chief executive prepares to announce a strategic plan. Photograph: Ink Drop/AlamyView image in fullscreenNews of Lloyds’s AI recruitment drive comes as the group’s chief executive prepares to announce a strategic plan. The Spanish owner of Santander UK said it aimed to save more than £400m by 2028 through automation and hoped to generate another £300m in extra income.

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the Guardian · https://www.theguardian.com/profile/kalyeena-makortoff
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Original publisherthe Guardian
Canonical URLhttps://www.theguardian.com/business/2026/jun/20/lloyds-banking-group-ai-recruitment-drive-300-tech-experts
Publication timeSun, 21 Jun 2026 23:02:43 GMT
Retrieval time2026-06-22T03:50:07.531Z
Last seen2026-06-22T03:50:07.531Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
ClusterOzUeB_pJjiX3
Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

News of Lloyds’s AI recruitment drive comes as the group’s chief executive prepares to announce a strategic plan. Photograph: Ink Drop/AlamyView image in fullscreenNews of Lloyds’s AI recruitment drive comes as the group’s chief executive prepares to announce a strategic plan. Photograph: Ink Drop/AlamyLloyds Banking GroupLloyds Banking Group to hire 300 tech experts to work on AIExclusive: While recruits will increase headcount for now, broader adoption of AI could lead to job cuts in futureKalyeena Makortoff Banking correspondentSun 21 Jun 2026 19.02 EDTFirst published on Sat 20 Jun 2026 07.00 EDTSharePrefer the Guardian on GoogleLloyds Banking Group has launched an AI recruitment drive for 300 tech experts, weeks before its chief executive, Charlie Nunn, announces a strategic plan for…

Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.

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