Over 28 million adults now using AI tools to help manage their money

Jas Singh, CEO Consumer Relationships at Lloyds Banking Group, comments:

"AI is rapidly transforming how people manage their money, with the potential for millions of consumers to feel more confident and in control of their personal finances. From everyday budgeting to planning for the future, we're already seeing people use the technology to make smarter choices and build financial resilience.

"But as AI becomes a bigger part of our financial lives, trust is the next frontier. People want to be sure the information they receive is accurate, secure and truly tailored to their needs. That's why banks have a vital role - not just in providing cutting-edge technology, but in combining it with trusted expertise and a deep understanding of our customers.

"As we continue to innovate, our focus is on building tools people can genuinely rely on - helping everyone to benefit from the confidence and clarity that digital solutions bring."

Those with higher digital and financial capability save £815 more each year on average.

The Lloyds Bank Academy is a free, UK-wide initiative designed to help individuals and businesses build essential digital and financial skills. It's open to everyone and offers a wide range of learning opportunities through:

Online learning hub

On-demand lessons covering digital skills, financial literacy, career skills and business development.

Face-to-face training

Sessions held in local branches and community spaces.

Interactive webinars

Expert-led sessions for small businesses.

Digital Helpline

One-to-one phone support for those needing extra help, such as setting up a device and connecting to the internet.

For more information visit: lloydsbankacademy.co.uk