Lloyds Bank to spend £3 billion on digital transformation just weeks after admitting IT department staff cuts

Nicholas Fearn
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Lloyds Bank group chief executive António Horta-Osório refused to take questions over IT staff redundancies
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Lloyds Bank group chief executive António Horta-Osório refused to take questions over IT staff redundancies

Lloyds claims it will become a 'more digitised' banking provider, despite cutting IT staff

Banking giant Lloyds has confirmed plans to invest £3 billion into an ambitious, new IT transformation plan - just weeks after it also revealed that it had cut staff in its IT department.  The c...

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