Lloyds Banking Group has unveiled plans to provide more than £35 billion in new finance throughout 2026 to businesses operating and investing in the United Kingdom. This significant funding initiative aims to fuel growth, support jobs, and bolster prosperity across the country.
Of the total finance amount, £9.5 billion will be specifically allocated to small and medium-sized enterprises (SMEs), underscoring Lloyds' dedication to nurturing businesses of all sizes. The bank emphasized the importance of supporting business ambitions as a critical driver of regional development and economic opportunity.
“Helping businesses thrive and supporting their growth ambitions creates opportunities in regions and communities across the UK, and achieving it requires a clear and committed strategy,” stated a Lloyds spokesperson. The bank highlighted its ongoing collaboration with partners to channel investments into vital sectors such as infrastructure, housing, and business development.
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Over the past five years, Lloyds has played a significant role in financing large-scale infrastructure projects valued at over £100 billion. This commitment has contributed to building homes, developing critical infrastructure, and enabling companies across the UK to flourish.
Lloyds' CEO, Charlie Nunn, reinforced this stance by saying, “Businesses power our economy, and we’re proud to fuel their ambitions to innovate and grow. Our £35 billion finance allocation for 2026 demonstrates our commitment to supporting jobs, growth, and prosperity for our communities.”
Separately, Lloyds reported that its customers claimed around £2 million in card chargebacks between January and September 2025. The average disputed transaction amounted to £35. Common issues included purchases not arriving, receiving counterfeit or poor-quality goods, and unauthorized subscriptions.
Chargebacks offer payment protection, allowing customers to reclaim their funds when transactions go wrong. Customers can easily request chargebacks through Lloyds’ mobile banking app. Additionally, those using credit cards may have recourse under Section 75 of the Consumer Credit Act, providing extra consumer protection.