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Verilumia

The Daily Verified Briefing

Markets

Lloyds reports 23% profit rise, AI cost-cutting plan

Published 30 July 2026

Lloyds Banking Group has reported a sharp rise in profits and launched a new four-year strategy centered on artificial intelligence, signaling a deepening commitment to technology as the core of its future business model. The bank announced on Thursday, July 30, 2026, a statutory pretax profit of 4.

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