Lloyds Banking Group and its four charitable Foundations have launched a new joint Financial Resilience fund, with £4.2 million available to the charity sector to help empower those most in need by gaining confidence and skills to manage their finances, reduce reliance on debt and achieve long-term financial stability. The creation of the fund follows new research from Lloyds Banking Group and the charitable Foundations which found that in the past three years, 4.3 million individuals have sought assistance from UK charities due to financial hardship. Charities are a vital…
Read MoreTag: Lloyds Banking Group
Four Black-owned businesses secure over half a million pounds of Channel 4 advertising airtime and business mentoring from Lloyds
Four Black-owned businesses have been selected as the winners of Channel 4’s Black in Business 2024 initiative, backed by Lloyds to connect Black entrepreneurs with the transformative power of TV advertising and business mentoring. Now in its second year, the 2024 edition saw an exceptional standard of applicants, with an original shortlist of 20 businesses in the running for a combination of free advertising airtime, business support and their own Channel 4 TV advert. The four winning businesses of Black in Business 2024 will each receive £150,000 worth of TV…
Read MoreLloyds Banking Group becomes first UK bank to be awarded Fertility Friendly Employer Accreditation
Lloyds Banking Group is the first UK bank to receive the Fertility Friendly Employer Accreditation. Awarded by the organisation Fertility Matters at Work (FMAW), the certification re-emphasises the Group’s commitment to supporting its colleagues through their fertility journeys. Using a rigorous assessment framework, the FMAW examines companies’ fertility policy guidance, education and awareness initiatives, and colleague training. Alongside its flexible working policy, Lloyds’ programme of events and internal support network were cited as fundamental to receiving the honour. As part of the Group’s industry-leading policy, it has committed to providing…
Read MoreInnovative property-linked solution could accelerate the decarbonisation of UK buildings, according to groundbreaking report
The Green Finance Institute (GFI), in partnership with Lloyds Banking Group and NatWest Group, has unveiled a groundbreaking report outlining the potential for an innovative green finance mechanism, Property Linked Finance (PLF), to channel billions of pounds worth of private investment into sustainable retrofit across the UK. The report sets out a series of guiding principles and key steps for how PLF should be designed and launched in England and Wales, including calling for enabling legislation from the government as well as the establishment of pilot programmes, initially in the…
Read MoreNational Wealth Fund, Barclays UK Corporate Bank and Lloyds Banking Group join forces to unleash £1 billion to retrofit social housing
The NWF has announced financial guarantees that will see Barclays UK Corporate Bank and Lloyds Banking Group deliver £1 billion of funding to accelerate the retrofit of social housing in the UK. Barclays UK Corporate Bank and Lloyds Banking Group will each deliver £500 million of lending to the market that has been enabled by financial guarantees of up to £750m provided by the NWF. The guarantees will support both shorter duration loans to be provided by Lloyds Banking Group and mid-to-long duration loans to be provided by Barclays UK…
Read More