Financial institutions are failing the Black business community as less than half (43%) of Black entrepreneurs trust banks to have their best interests in mind. Findings are based on research from the Black Business Network sponsored by Lloyds Bank and undertaken by Savanta. More than 800 participants from Black communities in Britain completed the survey, the majority (65%) of which were female. The survey outlines a trust gap between the Black business community and two of the biggest institutions in the UK, banks and the government. While trust in banks…
Read MoreMajority of Black business owners lack trust in banks to support their business goals
