(IN BRIEF) Lloyds Banking Group has achieved a major milestone in AI adoption, with 93% of its 30,000 M365 Copilot licence holders actively using the tool to improve productivity and save an average of 46 minutes daily. Supported by its … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged AI Adoption, artificial intelligence, automation, Centre of Excellence, Darren Hardman, data analytics, data science, digital transformation, engineering, financial services, generative AI, GitHub Copilot, INNOVATION, Lloyds Banking Group, Lloyds Banking Group drives digital transformation with 93% active use of M365 Copilot across workforce, Lloyds Banking Group sets new AI benchmark in financial services with 93% active M365 Copilot adoption, M365 Copilot, Machine Learning, Microsoft UK, productivity, Ranil Boteju, technology investment, UK banking industry, upskilling, Vic Weigler, Workforce Training
(IN BRIEF) Lloyds Banking Group has appointed Tony Hable as Head of Infrastructure & Project Finance, reflecting its strategic focus on growth and innovation across the UK, USA, and Europe. Reporting to Managing Director James Ranger, Hable will lead the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged affordable homes, energy efficiency, green finance, Jess Tomlinson, Lloyds Appoints Tony Hable to Lead Infrastructure and Project Finance as Bank Expands Global Growth Strategy, Lloyds Banking Group, Lloyds Strengthens Debt Solutions Leadership with Appointment of Tony Hable as Head of Infrastructure and Project Finance, National Wealth Fund, net zero, Peabody, Peter Benz, Public Private Partnership, retrofit, SNG, social housing, Sovereign Network Group, Stuart Nivison, sustainable housing, UK housing associations
(IN BRIEF) Experian has launched its Financial Crime Compliance Perpetual Monitoring solution, a system designed to improve how financial institutions conduct KYC checks by replacing static, manual reviews with continuous monitoring. The solution automatically detects data changes that may indicate … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Marketing, News, Security & Safety, Technology, United Kingdom
Tagged AML, Anti - money laundering, APM, Automated Portfolio Monitoring, banking compliance, Experian, financial crime, financial crime compliance, fraud prevention, Grant MacDonald, Know Your Customer, KYC, Lloyds Banking Group, Perpetual Monitoring, Tom Martin, UK Financial Services
(IN BRIEF) Lloyds Banking Group has signed a £100 million loan agreement with Sovereign Network Group (SNG), one of the UK’s largest housing associations, to fund the retrofit of thousands of social homes across England. The deal, backed by the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, News, Real Estate, United Kingdom
Tagged affordable homes, energy efficiency, green finance, Jess Tomlinson, Lloyds Banking Group, National Wealth Fund, net zero, Peabody, Peter Benz, Public Private Partnership, retrofit, SNG, social housing, Sovereign Network Group, Stuart Nivison, sustainable housing, UK housing associations
(IN BRIEF) Lloyds Banking Group is increasing its First Time Buyer Boost by £4 billion, raising the loan‑to‑income cap to 5.5 times earnings to help more high‑LTI first‑time buyers secure mortgages. Since August 2024, the scheme has supported 11,000 new homeowners with over … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged 5.5× income, Andrew Asaam, Deposit, first‑time buyers, First Time Buyer Boost, Halifax, high loan-to-income, home ownership, intermediaries, Lloyds Bank, Lloyds Banking Group, loan‑to‑value, LTI, mortgage reform, mortgage stress test, property ladder, Shared Equity, Shared Ownership, £4 billion lending
(IN BRIEF) Lloyds Banking Group and its four charitable Foundations have introduced a £4.2 million Financial Resilience fund to reinforce UK charities supporting financially vulnerable individuals. Research shows 4.3 million people turned to charities for help in the last three … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Marketing, News, Non Profit, United Kingdom
Tagged Academy resources, Bank of Scotland Foundation, charity grants, debt support, digital skills training, financial education, financial inclusion, Financial Resilience fund, Halifax Foundation for Northern Ireland, Lloyds Bank Foundation for England and Wales, Lloyds Bank Foundation for the Channel Islands, Lloyds Banking Group, Matt Hyde OBE, mentorship, partnership, Sir Robin Budenberg, stigma, UK Charities, WODIN, Women and Digital Inclusion
(IN BRIEF) Lloyds Banking Group has partnered with North East Mayor Kim McGuinness, NECA, and OFI to create a green energy hub in the North East. The initiative focuses on unlocking private sector investment to support the region’s green energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged clean energy, electric vehicles, green industry, Infrastructure Development, Kim McGuinness, Lloyds Banking Group, net zero, North East, North East Combined Authority, North East Investment Zone, Office for Investment, Offshore wind, partnership, private investment, sustainability, sustainable growth, Tyne Economic Corridor, UKREiiF
(IN BRIEF) Lloyds Banking Group has become the first UK bank to earn the Fertility Friendly Employer Accreditation, demonstrating its commitment to supporting employees through fertility-related challenges. Awarded by Fertility Matters at Work, the accreditation recognizes Lloyds’ policies on fertility … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Society, United Kingdom
Tagged Awards, DE&I initiatives, environmental, family-friendly workplace, Fertility Friendly Employer Accreditation, Fertility Matters at Work (FMAW), fertility treatment leave, Inclusive Workplace Policies, leadership, Lloyds Banking Group, pregnancy loss support, Rachel Osikoya, society, UK Bank
(IN BRIEF) Lloyds Banking Group has become the first FTSE 100 company to implement Signly on its job search pages, a service providing British Sign Language (BSL) translations to enhance accessibility for d/Deaf users. This initiative reaffirms Lloyds’ commitment to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Society, United Kingdom
Tagged accessibility, British Sign Language, diversity, equity, Inclusion, Job Search Pages, Lloyds Banking Group, partnership, Signly, Tim Scannell
(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the … Read the full press release
(IN BRIEF) Lloyds Banking Group spearheads a £3 million investment in Coadjute, a groundbreaking fintech aimed at streamlining the home buying journey by connecting all stakeholders. Joined by NatWest, Nationwide, and Rightmove, Lloyds’ investment underscores its commitment to leveraging technology … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Coadjute, Dan Salmons, Home Buying Process, investment, Lloyds Banking Group, Nationwide, NatWest, partnership, Rightmove, Robin Scher
(IN BRIEF) Rothesay, the UK’s leading pensions insurance specialist, has agreed to acquire Scottish Widows’ in-force bulk annuity portfolio from Lloyds Banking Group for approximately £6 billion. The transaction covers the pension benefits of around 42,000 individuals. This move aligns … Read the full press release
(IN BRIEF) Lloyds Banking Group has entered into a pioneering partnership with Projects for Nature, becoming its first founding business partner. With a £250,000 donation split among three nature recovery projects in England, Lloyds aims to address national nature recovery … Read the full press release
(IN BRIEF) Lloyds Banking Group has entered a 10-year Power Purchase Agreement (PPA) with Low Carbon, a global renewable energy company, to procure 50 GWh of clean electricity annually from two UK solar farms. This agreement is a significant step … Read the full press release
(IN BRIEF) Lloyds Banking Group has appointed Suresh Balaji as its Chief Marketing Officer, effective from October 16. In his new role, Balaji will oversee the Brand, Marketing, and Experience function for the group. He will be responsible for developing … Read the full press release
Posted in Banks, Business, Financial, Marketing, United Kingdom
Tagged appointment, GSK, leadership, Lloyds Banking Group, marketing, Standard Chartered Bank, Suresh Balaji, United Breweries, WPP
(IN BRIEF) Lloyds Banking Group has made a strategic investment of €3 million in Enigio, a technology company specializing in digital documentation for trade transactions. This investment will support the expansion of Enigio’s trace:original solution, which eliminates the need for … Read the full press release
(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged Amanda Blanc, appointment, Aviva plc, Chief Risk Officer, insurance, investments, James Hillman, Lloyds Banking Group, pensions, Scottish Widows
(IN BRIEF) Lloyds Banking Group has teamed up with homelessness charity Crisis in a two-year partnership to tackle the shortage of affordable homes in Great Britain. The partnership aims to build one million new affordable homes for people on low … Read the full press release
Posted in Banks, Financial, Management, News, Real Estate, Society, United Kingdom
Tagged charity, Charlie Nunn, crisis, homelessness, Lloyds Banking Group, Matt Downie, partnership, social housing
(ACTUALITÉ EN BREF) Lloyds Banking Group a acquis Tusker, une société britannique de gestion et de location de véhicules spécialisée dans les véhicules électriques et à très faibles émissions, par le biais de programmes de sacrifice salarial. Tusker offre aux … Read the full press release
Posted in Automotive, Banks, Business, Financial, United Kingdom
Tagged acquisition, Black Horse, gestion de véhicules, Lex Autolease, Lloyds Banking Group, Nick Williams, Paul Gilshan, société de crédit-bail, Tusker, ULEV, véhicules à émissions ultra-faibles, véhicules électriques, voitures à sacrifice salarial, voitures électriques
(IN BRIEF) Lloyds Banking Group has acquired Tusker, a UK-based vehicle management and leasing firm that specializes in electric and ultra-low emission vehicles, through salary sacrifice schemes. Tusker offers a cost-effective way for employees to lease EVs as part of … Read the full press release
Posted in Automotive, Banks, Business, Financial, United Kingdom
Tagged acquisition, Black Horse, electric cars, electric vehicles, EV, leasing company, Lex Autolease, Lloyds Banking Group, Nick Williams, Paul Gilshan, salary sacrifice cars, Tusker, ULEV, Ultra-Low Emission Vehicles, vehicle management
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