Statements

LSB response to the FCA’s update on personal guarantees

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“We welcome the FCA’s plans to gather more evidence on the use of personal guarantees. We look forward to working with all stakeholders to ensure that business customers receive the right outcomes when accessing and using finance.

LSB response to the FCA’s update on personal guarantees Read More >

“We welcome the FCA’s plans to gather more evidence on the use of personal guarantees. We look forward to working with all stakeholders to ensure that business customers receive the right outcomes when accessing and using finance.

Access to Banking Standard

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From 1 April 2023, following recommendations made by the Lending Standards Board in December 2021, the LSB will no longer provide oversight of the Access to Banking Standard.

Access to Banking Standard Read More >

From 1 April 2023, following recommendations made by the Lending Standards Board in December 2021, the LSB will no longer provide oversight of the Access to Banking Standard.

Update on Indigo Michael Limited registration

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As of the 9 January 23, Indigo Michael Limited (trading as Tappily and SafetyNet) entered administration, and will therefore not be accepting applications for loans from new customers from this date.

Update on Indigo Michael Limited registration Read More >

As of the 9 January 23, Indigo Michael Limited (trading as Tappily and SafetyNet) entered administration, and will therefore not be accepting applications for loans from new customers from this date.

Response to Government support schemes for SMEs

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We welcome the additional support measures for SMEs that the Government announced in this afternoon’s budget in order to help them navigate out of lockdown. However, banks and financial service providers need to continue to step up and rally around the SME community.

Response to Government support schemes for SMEs Read More >

We welcome the additional support measures for SMEs that the Government announced in this afternoon’s budget in order to help them navigate out of lockdown. However, banks and financial service providers need to continue to step up and rally around the SME community.