{"slug": "lloyds-bank-makes-clear-announcement-for-thousands-of-uk-businesses", "title": "Lloyds Bank makes 'clear' announcement for thousands of UK businesses", "summary": "Lloyds Bank announced that 94% of UK financial institutions expect business growth over the next decade, driven by AI investment. The bank's survey found 71% believe the UK will remain a leading global financial hub, with AI and machine learning seen as the biggest impact factors.", "body_md": "# Lloyds Bank makes 'clear' announcement for thousands of UK businesses\n\n## 94 per cent expect their business to grow over the next 10 years, up from 81 per cent in 2025.\n\nLloyds Bank says UK financial institutions are looking to a decade of AI-driven growth - with 94 per cent confident. 94 per cent expect their business to grow over the next 10 years, up from 81 per cent in 2025.\n\nSeven in 10 say investment in new and emerging technologies is a growth priority, almost doubling from 41 per cent last year. And nine in 10 believe AI and machine learning will have the biggest impact on UK financial services over the next five years.\n\n71 per cent of respondents believe the UK will retain its position as a leading global financial services hub, up from 60 per cent last year.\n\n**READ MORE People can get extra £69,000 in their pension using World Cup method**\n\nLisa Francis, Global Head of CIB Coverage at Lloyds, said: \"Despite global uncertainty, financial institutions are building confidence by harnessing technology to drive long-term growth.\n\n\"The sector is prioritising the areas that will define future competitiveness, from AI and emerging technology to data, talent and international expansion.\n\n\"What is clear is that growth in the next decade will be shaped by the ability to adapt, invest and scale new capabilities.\n\n\"Advanced AI and data solutions are moving from ambition to adoption, with institutions increasingly looking at how these technologies can improve productivity, deepen client relationships and create new opportunities across markets.\"\n\nThe confidence reinforces the sector’s belief in the UK’s underlying strengths in capital markets, regulation and international connectivity, with specialist expertise in professional services infrastructure that continues to attract global financial activity.\n\nThe tenth annual Lloyds Financial Institutions Sentiment Survey found shorter-term growth outlooks are also improving year-on-year, with five-year expectations rising to 92 per cent from 83 per cent and 12-month expectations increasing to 67 per cent from 54 per cent.\n\nAI is emerging as a central part of this shift, too, the banking group, which has branches in [Birmingham](https://www.birminghammail.co.uk/), says.", "url": "https://wpnews.pro/news/lloyds-bank-makes-clear-announcement-for-thousands-of-uk-businesses", "canonical_source": "https://www.birminghammail.co.uk/news/cost-of-living/lloyds-bank-makes-clear-announcement-34140973", "published_at": "2026-06-24 16:04:00+00:00", "updated_at": "2026-06-24 16:14:21.492376+00:00", "lang": "en", "topics": ["artificial-intelligence", "machine-learning", "ai-products", "ai-tools", "ai-infrastructure"], "entities": ["Lloyds Bank", "Lisa Francis"], "alternates": {"html": "https://wpnews.pro/news/lloyds-bank-makes-clear-announcement-for-thousands-of-uk-businesses", "markdown": "https://wpnews.pro/news/lloyds-bank-makes-clear-announcement-for-thousands-of-uk-businesses.md", "text": "https://wpnews.pro/news/lloyds-bank-makes-clear-announcement-for-thousands-of-uk-businesses.txt", "jsonld": "https://wpnews.pro/news/lloyds-bank-makes-clear-announcement-for-thousands-of-uk-businesses.jsonld"}}