Lloyds pledges to support 300,000 new businesses

The UK's part-nationalised Lloyds Banking Group today pledged to offer support to 300,000 new start-up businesses over the next three years.

Lloyds – 43% owned by British taxpayers – said its plans would help ’viable’ businesses gain access to credit as the UK recovers from recession and give “clearer and fairer” prices under a small business charter.