The Guardian21 Jun 2026Market
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The hires, to be in place by September, will focus on agentic AI and work with LLMs including Anthropic’s Claude and Google’s Gemini, adding to a 1,000-strong AI team. Lloyds did not rule out that wider AI adoption could lead to future job cuts. The recruitment comes ahead of CEO Charlie Nunn’s multi-year strategy announcement next month, and follows a £50m AI-driven balance sheet benefit last year with £100m expected this year.