Small businesses in the UK are going to get a helping hand, or rather a pair of them, as Lloyd’s Banking Group and the SSE (School for Social Entrepreneurs) team up to provide financial, educational and practical support for new businesses that focus on the community. The initiative is designed to promote the social entrepreneur, […]
Tag: Lloyds Banking Group
Banks set up lending taskforce to help with SME loans
The Banking Sector responded to criticism over how it treats small businesses in need of lending by saying that many of those who work out of serviced office space can now make use of the ‘lending taskforce’ which includes all of the six major banks in the UK such as the RBS, Barclays, and Lloyds. […]
Bailouts and Blackouts: The True Consequences for SMEs
Following the British Government’s rescue of two of the biggest financial institutions, the Federation of Small Businesses in Scotland is now voicing concerns over a strangling domination of the business banking market. In particular, the FSB have made clear their uneasiness over a monopolisation in business credit for small to medium enterprises. The RBS Group […]