Tag: Lloyds Banking Group

Pinsent Masons advises Lloyds Bank on £62 million fund to invest in sustainable business and regional development

Stuart Mitchell

Multinational law firm Pinsent Masons has advised Lloyds Bank on the launch of a £62 million investment fund to help small businesses across England and Wales access finance to support local jobs and economic activity. The Community Investment Enterprise Fund (CIEF) aims to invest in around 800 small businesses, supporting around 10,500 jobs. The Fund will initially invest into three Community Development Finance Institutions (CDFIs) – BCRS Business Loans, Business Enterprise Fund and Finance For Enterprise. CDFIs are socially motivated lenders which already lend around £100 million every year to…

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Upfront costs biggest barrier to green home improvements

Stuart Mitchell

Lloyds Banking Group, a leading UK based financial services group, has released the first Housing Stocktake 2023 report (PDF, 4.7MB) sharing insights on the stalling efforts to decarbonise the UK’s housing stock. In the UK, homes are one of the highest emitting sectors, with the 28 million residential properties accounting for 16% of the UK’s total carbon missions. The report reveals that while nearly six in ten (57%) homeowners think it’s important to make their property ‘net zero ready’ by 2035, over two-thirds (69%) have not taken any action to make improvements…

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Five Black-owned businesses secure half a million pounds worth of Channel 4 advertising airtime and tailored business advice from Lloyds Bank

Stuart Mitchell

Channel 4 and Lloyds Bank have revealed the five Black-owned companies which will benefit from business support and free TV advertising as part of their Black In Business initiative. In addition to receiving £100,000 worth of airtime, each of the five business owners will also have a 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 offers support to small businesses new to TV advertising and comes after research commissioned by Channel 4’s commercial…

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Two-thirds of all online shopping scams now start on Facebook and Instagram

Stuart Mitchell

Purchase scams starting on Facebook and Instagram are expected to cost UK consumers more than £27m this year alone, according to new analysis by Lloyds Banking Group. The rising popularity of online shopping has been accompanied by a surge in criminals tricking people into paying for goods and services that don’t exist. Victims are lured in by the promise of cut-price or hard-to-find items, often advertised via social media. They are asked to send money directly from their account to another account via bank transfer (also known as a Faster…

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Lloyds Banking Group enhance accessibility in the workplace with the installation of a second Changing Places toilet

Stuart Mitchell

As part of a long-term business strategy to raise awareness and improve accessibility in the workplace, Lloyds Banking Group have opened their second Changing Places toilet at their site at Canons Way,  Bristol Harbourside. Statistics from the UK Government show that the number of disabled people in employment has risen to 4.9m, an increase of over 70% since 2013. As a result, Lloyds Banking Group are calling on other organisations and businesses to follow in their footsteps and look to invest in infrastructure, including the increase of Changing Places toilets in the workplace, to ensure they…

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