INSIGHT · UK
Over 76% of UK 18–24-year-olds use AI for personal finance management
Lloyds Banking Group reports that more than three-quarters of UK adults aged 18–24 have used AI tools for budgeting, savings, or investment advice. Gen Z adoption is outpacing all other age cohorts by a wide margin.
WHY IT MATTERS
High-frequency AI use by young cohorts (76% vs. lower cohorts) signals consumer expectation reset: legacy banks face pressure to embed or partner AI advisory or risk losing deposit and fee-income opportunity.
Source: Finextra · 2026-08-25