Lloyds kickstarts £2bn cost-cutting strategy powered by AI after scrapping Halifax brand

Lloyds recently decided to scrap the Halifax brand and change it to Lloyds

Chief executive says the four-year plan will lead to greater efficiency but gives no details of potential job losses Business live – latest updates Lloyds Banking Group will cut another £2bn of costs as part of a four-year plan under which its chief executive will use new tech and AI to drive growth. Charlie Nunn s