Lloyds launches tool to help eligible customers claim benefits, with £23bn a year going unclaimed

Eight million households across the UK are missing out on an estimated £23bn worth of benefits each year, such as Child Benefit, Universal Credit and Pension Credit. To financially empower its customers, Lloyds has launched ‘Benefit Calculator’, a new app feature that gives customers a simple way to identify the benefits they may be eligible for and find out how to make a claim. Benefit Calculator could help a wide range of people to access support, such as young professionals who may be missing out on Council Tax discounts, homeowners…

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British Cycling and Lloyds Bank announce a powerful new partnership

British Cycling and Lloyds Bank have recently announced a major long-term partnership which will see Lloyds Bank become British Cycling’s new Lead Partner.  The multi-year commitment will see Lloyds Bank immediately become the Title Partner of the reimagined Tour of Britain events, as well as a suite of pioneering new events that are part of British Cycling’s recently launched major events vision. These brand-new events will include the delivery of an international urban cycling festival featuring BMX freestyle, and the development of a national track league concept, helping British Cycling…

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Lloyds Bank forges UK’s first trade digitalisation partnership with WaveBL

Lloyds Bank has become the first UK bank to join the WaveBL electronic trade documentation platform, unlocking new trade efficiencies and sustainability benefits for its clients by using electronic Bills of Lading (eBLs). Bills of Lading are a critical document in international trade. They are issued by a carrier when a seller dispatches goods to an end customer, and act as a ‘receipt’ for the goods being shipped. Once payment – or agreement to pay at a future date – for the goods is received, the Bill of Lading is…

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Channel 4 and Lloyds Bank launch Black in Business offering more than half a million pounds of free advertising to Black entrepreneurs

Channel 4 and Lloyds Bank have launched Black in Business – a new initiative to help boost up to five Black owned businesses with TV advertising airtime worth £100,000. In addition to receiving £100,000 worth of airtime, each of the five business owners will also have a creative bespoke TV advert made for them and six months of tailored marketing and business support from Channel 4, Lloyds Bank and social enterprise, DOES. The initiative will offer support to small businesses that are new to TV advertising and comes after research…

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Purpose-driven factors are key reasons for SMEs’ Net Zero goals

UK small- and medium-sized businesses (SMEs) seeking to make changes to achieve Net Zero are as motivated by purpose-driven, or social impact, factors as by commercial considerations, according to research from Lloyds Bank. The Lloyds Bank Net Zero Monitor shows that protecting the environment for future generations (37%) and employee wellbeing and engagement (27%) are two of the most important benefits anticipated for companies making the transition to being carbon neutral. SMEs believe the main commercial benefits will be waste reduction (38%) and cost savings (25%).  The Net Zero Monitor…

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