Statements

Response to Government support schemes for SMEs

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.

Response to the Chancellor’s announcement of changes to the Coronavirus Business Interruption Loans Scheme (CBILS)

The LSB welcomes the changes HM Treasury has announced to the CBILS to support the swift provision of finance to SMEs and the launch of the Bounce Back Loan scheme (BBL). 

Response to the Chancellor’s announcement of changes to the Coronavirus Business Interruption Loans Scheme (CBILS) Read More >

The LSB welcomes the changes HM Treasury has announced to the CBILS to support the swift provision of finance to SMEs and the launch of the Bounce Back Loan scheme (BBL). 

LSB statement on TSB’s business Lending Pledge

The LSB welcomes the publication of TSB’s business Lending Pledge and are supportive of the continued industry focus upon the fair treatment of businesses in financial difficulty.

LSB statement on TSB’s business Lending Pledge Read More >

The LSB welcomes the publication of TSB’s business Lending Pledge and are supportive of the continued industry focus upon the fair treatment of businesses in financial difficulty.

LSB statement on Government Responses to the Treasury Committee’s Twenty-Fourth Report: SME Finance

The LSB welcomes the government’s response to the Treasury Committee’s report on the SME Finance inquiry which recognises the Standards of Lending Practice for business customers

LSB statement on Government Responses to the Treasury Committee’s Twenty-Fourth Report: SME Finance Read More >

The LSB welcomes the government’s response to the Treasury Committee’s report on the SME Finance inquiry which recognises the Standards of Lending Practice for business customers

LSB response to the Review into the complaints and alternative dispute resolution (ADR) landscape for the UK’s SME market

The LSB is supportive of the banks proposals to offer access to alternative dispute resolution to more SMEs.

LSB response to the Review into the complaints and alternative dispute resolution (ADR) landscape for the UK’s SME market Read More >

The LSB is supportive of the banks proposals to offer access to alternative dispute resolution to more SMEs.