Britain’s most AI-savvy generation has a financial confidence gap
Gen Z may have grown up with smartphones, apps and AI, but when it comes to confidently managing money online, older generations are showing them the way.
Press releases from Lloyds Banking Group and its brands
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Gen Z may have grown up with smartphones, apps and AI, but when it comes to confidently managing money online, older generations are showing them the way.
Lloyds Banking Group has announced a £100 million investment to build future skills as an ambition to support more than 600,000 young people across the UK by 2030.
More than half (54%) of UK businesses say AI has created new jobs, according to research from the Lloyds Business Barometer, as firms increasingly view AI adoption as central to growth, skills and competitiveness.
Young women who invest are building significantly larger portfolios than their male peers and are more likely to actively manage their investments, despite remaining significantly underrepresented among younger investors, according to new data from Lloyds.
Lloyds is reinforcing its support for farmers as ongoing dry weather creates further pressure for the UK farming sector, affecting yields, feed supplies, water use and cashflow.
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