Lloyds Wants Computers to Speed Up Mortgages While Car Loan Scandal Stays Unresolved

Lloyds CEO Charlie Nunn says smart computer programs could cut mortgage approvals to about three days. The bank also plans to grow its car loans division, including an app for electric cars. But in July 2026, regulators paused part of the car loan compensation scheme, leaving Lloyds' costs from the long-running commission scandal unclear.