Tag: Lloyds Banking Group

Nearly half of UK homes unsuitable for electric cars

Stuart Mitchell

From 2030 no new petrol or diesel cars will be sold in the UK but, according to new Lloyds Bank research, more than two fifths (44%) of UK homes are unsuitable for electric vehicle ownership.  However, this year has seen Battery Electric Vehicle registrations up 38%, in the last 12 months. Still, those without garages, driveways or dedicated parking may see themselves as excluded from making the move to driving more sustainably, with no obvious place for that vital electric car charging point.   Lloyds Bank mortgage data shows that around…

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Major firms work together to drive regional green investment

Stuart Mitchell

Four of Britain’s biggest firms are working together to advise on pilot projects to drive green investment into local areas, and promote economic growth. As part of the Prime Minister’s Business Council, the leaders of Lloyds Banking Group, Octopus Energy, Shell and National Grid have launched the Local Low Carbon Accelerator (LLCA) project to provide a blueprint for local authorities and the private sector to work together and get green infrastructure delivered faster. Localised green infrastructure projects are key in the road to net zero , given the focus on…

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Lloyds Banking Group hits £1 billion worth of funding on ultra low emission vehicles

Stuart Mitchell

Lloyds Banking Group has provided £1 billion worth of new funding for electric (EV) and plug-in hybrid vehicles (PHEV) this year across its motor finance and leasing businesses, Black Horse and Lex Autolease. The £1 billion lending mark, against an £8 billion target for new electric vehicle financing by 2024, reaffirms Lloyds Banking Group’s sustainability commitments, which also include achieving net zero emissions across Lex Autolease’s customer fleet by 2030.  The Group is also responsible for 1 in every 10 electric vehicles registered on the UK’s roads, with more than 102,000 alternatively-fuelled…

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New UK collective to look at role of foundations in boosting enterprise

Stuart Mitchell

The Enterprise Grants Taskforce will bring together funders and foundations looking to support the development of earned income across the sector. A new group of funders and foundations has come together with the aim of boosting enterprise in the sector through better use of Enterprise Grants. Enterprise Grants are grants made by public or private funders which are used to help charities and social enterprises increase their capacity to earn income from selling services or goods, or reward trading growth.  The work of the Taskforce will combine efforts to define…

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Lloyds Banking Group opens new Changing Places facility

Stuart Mitchell

Lloyds Banking Group is the first bank to open an accessible Changing Places facility in Old Broad Street, London. Last month on 19th July was Changing Places Awareness Day which helps raise awareness of the life changing difference Changing Places facilities make to people with disabilities. A Changing Places toilet provides a hygienic and comfortable facility for people with disabilities and their carers. Larger than a standard accessible facility, it offers space to manoeuvre a wheelchair, with up to two carers present. The toilet includes a height-adjustable changing bench and…

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