Lloyds accused of failing small firms as it reduced its lending

Getty ImagesLloyds Bank business customers and whistleblowers have accused the bank of failing small firms by categorizing them as distressed and not supporting them adequately post-2008 financial crash. Allegations include high interest rates leading to business collapse, unwanted business sales, and lack of proper explanations regarding lending terms. Lloyds denies these claims and states that their Business Support Unit supported many customers, while investigations found no evidence of wrongdoing in specific cases.

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