News · 9 July 2026

Lloyds CEO: Why you need 3 months' salary saved

Unsplash / Towfiqu barbhuiya

Charlie Nunn, CEO of Lloyds Banking Group, advises that a crucial method for accumulating savings involves regularly setting aside money automatically. He also advises having an emergency fund of one to three months' salary for unexpected bills. Nunn warns about financial influencers pushing risky products and stresses being curious to protect against online fraud.

By BriefTea Editorial · 9 July 2026 at 7:09

Reported by BBC · How we write briefs

Get the app

More briefs

WorldTrump says America might bomb Iran's underground Pickaxe Mountain nuclear site PoliticsAndy Burnham rules out Scottish independence vote while offering more local powers GeneralObama praises Manchester workers who starved for US anti-slavery fight GeneralEnergy firms get winter loss protection if customers switch to cheaper deals SportsWhy HMRC just got £110m from football tax checks BusinessPound climbs to $1.3329 after strong August UK growth data Browse all stories →