Business Standards

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). 

Themed review: Financial difficulties – Standards of Lending Practice for business customers

We have published a summary report of the financial difficulties themed review for the Standards of Lending Practice for business customers.

Themed review: Financial difficulties – Standards of Lending Practice for business customers Read More >

We have published a summary report of the financial difficulties themed review for the Standards of Lending Practice for business customers.

Standards of Lending Practice for business customers extended to protect businesses with £25m turnover

The Standards turnover threshold has been uplifted to £25m, with new Standards focussing on the treatment of businesses in support units, and debt sale.

Standards of Lending Practice for business customers extended to protect businesses with £25m turnover Read More >

The Standards turnover threshold has been uplifted to £25m, with new Standards focussing on the treatment of businesses in support units, and debt sale.

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.