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FROM OTHER NEWS SITES

FINANCIAL TIMES
Goldman now faces large fine in UK - Wed, 08 Sep 2010 23:28:27 GMT

Goldman now faces large fine in UK - Wed, 08 Sep 2010 20:20:50 GMT
Backlash greets BP’s internal report - Wed, 08 Sep 2010 23:28:27 GMT
Plan for graduate high-fliers to pay premium levy - Wed, 08 Sep 2010 21:30:43 GMT
Stocks stable but risk appetite remains muted - Thu, 09 Sep 2010 06:52:37 GMT
Prosecutor launches new front in the war on Wall Street fraud - Wed, 08 Sep 2010 21:30:08 GMT
Cable weighs ‘crude’ surgery on banks - Wed, 08 Sep 2010 19:26:57 GMT

THE SUN
Let-off for some back tax victims - Thu, 09 Sep 2010 11:28:27 +0100

Let-off for some back tax victims - Thu, 09 Sep 2010 11:28:27 +0100
Vitamin B 'cocktail' to beat Alzheimer's disease by slowing brain atrophy - Thu, 09 Sep 2010 01:47:00 +0100
MY Sun questions Ed Miliband in the latest of a series of Labour leadership webchats - Thu, 09 Sep 2010 00:13:09 +0100
Sun City | Market report | All the latest business news - Thu, 09 Sep 2010 00:00:54 +0100
The Sun Says - Thu, 09 Sep 2010 00:00:31 +0100
Space picture taken by Hubble telescope is perfect spiral in outer space - Thu, 09 Sep 2010 00:00:00 +0100

THIS IS MONEY
Taxman cancels 1.4m payment demands - Thu, 09 Sep 2010 08:05:00 +0100

Taxman cancels 1.4m payment demands - Thu, 09 Sep 2010 07:41:00 +0100
Sterling steady as Bank ponders cash boost - Wed, 08 Sep 2010 13:31:00 +0100
The 4m households with no one in work - Thu, 09 Sep 2010 08:05:00 +0100
Charles charity hit by bad property deal - Thu, 09 Sep 2010 08:45:00 +0100
Blame US firms for spill, says BP - Thu, 09 Sep 2010 08:33:35 +0100
The over-55s with no pension, no savings, just debts - Wed, 08 Sep 2010 09:00:00 +0100

BBC NEWS
Goldman Sachs fined £20m by FSA - Thu, 09 Sep 2010 06:33:12 GMT

Goldman Sachs fined £20m by FSA - Wed, 08 Sep 2010 20:24:23 GMT
Spending cuts 'to hit north harder' - Thu, 09 Sep 2010 06:33:12 GMT
Morrisons to test online shopping - Thu, 09 Sep 2010 06:45:22 GMT
Rig firms hit back at BP report - Wed, 08 Sep 2010 23:55:33 GMT
Shoppers turning to card payments - Wed, 08 Sep 2010 23:01:01 GMT
Empty shops highlighting 'divide' - Thu, 09 Sep 2010 01:09:44 GMT
US economic growth 'decelerating' - Wed, 08 Sep 2010 20:57:12 GMT

WALL STREET JOURNAL
Goldman Hit With U.K. Fine - Thu, 09 Sep 2010 01:21:06 EDT

Goldman Hit With U.K. Fine - Wed, 08 Sep 2010 21:59:53 EDT
BP Report Pins Most of Blame on Others - Thu, 09 Sep 2010 00:14:27 EDT
Burberry Gets a Makeover - Thu, 09 Sep 2010 01:21:06 EDT
Regulator Opposes NAB, AXA Deal - Thu, 09 Sep 2010 02:55:32 EDT
Unilever Invests in Algae - Wed, 08 Sep 2010 12:19:36 EDT
U.K. Unions Pledge to Fight Cuts - Wed, 08 Sep 2010 14:09:42 EDT
 
 

Lloyds makes £1 billion pledge

Lloyds Banking Group is pledging to make available at least £1 billion over the next two years, to eligible firms across the UK, as part of a drive to help businesses benefit from the opportunities created by the London 2012 Olympic and Paralympic Games.

9 February, 2010

The initiative is part of the Group's overall commitment to lend to UK firms, and will be open to any companies that win contracts with:

  • the Olympic Development Authority (ODA)
  • the London Organising Committee of the Olympic Games and Paralympic Games (LOCOG); as well as
  • any suppliers to firms that already hold contracts
The total value of contracts connected to London 2012 is an estimated £6 billion, including £1 billion of direct contracts and an estimated £5 billion for suppliers to those companies that win business.

Truett Tate, group executive director, wholesale, said: "British businesses could reap significant rewards from the Olympic and Paralympic Games. We want to make sure that they are able to secure competitively priced finance.

"We're making available at least £1 billion in the run up to the Games to help businesses gain from the opportunity offered through London 2012. We want enterprising firms to know that, wherever in the UK they happen to be, there is still time to take a share of the Olympic pie. We also want to encourage firms that are not yet involved to act quickly."


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