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Lloyds accused of failing small firms as it cut lending

BBC Business LogoBBC Business1d ago

Lloyds accused of failing small firms as it cut lending - BBC Business

Quick Summary:

Business owners have told the BBC their businesses collapsed, blaming the bank's treatment.

Keith didn't want to sell the business or let Lloyds take a stake, but by December the bank called in its loans and Keith's business collapsed, with PwC paid to oversee the breakup.

Keith said Lloyds described his company as "robust" and said it was wrong to blame its failure on his spending.


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Article Details

Author / Journalist: BBC News

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 05:00:11 (1 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1292 words

Reading Time: 8 minutes read

Sentences: 63 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 27641718

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 6 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

Publisher Details

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The story "Lloyds accused of failing small firms as it cut lending" was covered 1 days ago by BBC Business, a news publisher based in United Kingdom.

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  • News ID: #27641718
  • URL: https://beamstart.com/news/lloyds-accused-of-failing-small-17440030434608

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