Our purpose and strategy
Our purpose is Helping Britain Prosper.
Find out how we're helping UK businesses to grow and thrive with the latest thought leadership from our business experts, sector insight, data and resources.
Businesses power the UK’s growth. Right now, they’re faced with a combination of challenges and exciting opportunities. New technology, like AI, is helping companies work faster and better. Consumers are more conscious about the environment.
Lloyds Banking Group is proud to stand alongside businesses across the UK, supporting them as they adapt, innovate, and grow.
We're here to back business ambition, helping them invest with confidence, adopt new technology, reach new markets and grow sustainably.
We’re proud to be a partner of choice for British business. One million UK businesses are supported by our leading digital and relationship banking services, as they start up, grow and thrive.
In 2026, we’ll make over £35bn of new finance available to companies operating and investing in the UK, supporting jobs, growth and prosperity for our communities. Of this, £9.5bn will be dedicated to SMEs.
c.1m
UK businesses and entrepreneurs supported
100k
new business and charity customers welcomed in 2024
>£26bn
Commercial Banking sustainable finance since 2022
CEO, Business & Commercial Banking
Managing Director of Regional Development, Sustainability & Client Advisory
Lloyds Banking Group is committed to driving UK business growth by providing strategic financial support, sustainable investment, and digital innovation.
From funding infrastructure and social housing to empowering SMEs through free training and accelerator programmes, we help businesses thrive. Our partnerships in sustainable business, inclusive entrepreneurship, and regional development ensure that growth is both equitable and future-focused.
In 2026, we’ll make over £35bn of new finance available to companies operating and investing in the UK, supporting jobs, growth and prosperity for our communities. Of this, £9.5bn will be dedicated to small and medium-sized enterprises (SMEs).
Data from the Lloyds Bank Business Barometer in May 2025 revealed that 82% of UK businesses using AI report increased productivity, while 76% say it has improved their profitability.
These gains are especially pronounced in sectors like retail and manufacturing, and in regions such as Northern Ireland and the North West.
Looking ahead, over half of UK businesses (56%) plan to invest further in AI over the next year.
With winning new customers, improving efficiency, and staying competitive mentioned as main drivers for AI adoption.
To support this, 17% of businesses plan to create new AI-specific roles, showing how seriously companies are taking the opportunity. However, challenges remain including cost, skills gaps, and concerns around data privacy and energy use.
Yes, our £1 billion Regional Impact Fund, backs projects with significant social, economic, or environmental benefits, such as housing regeneration and the transition to net zero.
We have a comprehensive strategy that combines investment, partnerships, and community engagement to support regional economic growth across the UK.
A key objective of our fund is to support social and affordable housing in alignment with the Group’s overall strategic priorities.
An early example is our funding to Breck Homes, enabling the development of sites for social and affordable housing in the North-West of England. Many of these developments are located in some of the most deprived areas in the UK and our funding will accelerate growth plans, allowing Breck Homes to continue to help to meet the growing demand for this type of housing.
26 Nov 2025
Lloyds announces £35 billion of new finance in 2026 to companies operating and investing in UK
17 Nov 2025
Lloyds Banking Group appoints John Langley as CEO of Corporate & Institutional Banking
5 Nov 2025
Lloyds and MTC mark 5,000 apprentices, graduates and engineers milestone
31 Oct 2025
Business confidence regains ground at start of fourth quarter
30 Oct 2025
Lloyds delivers third green retrofit loan, accelerating social housing transformation across the UK
16 Oct 2025
Lloyds publishes industry-leading farming report to help clients tackle climate and nature risk
The Business Barometer report is a proprietary survey of 1,200 companies, produced so you can know the confidence levels among UK businesses every month.
42%
overall business confidence
53%
trading prospects
31%
economic optimism
Hann-Ju Ho Senior Economist, Lloyds Commercial BankingBusiness confidence has eased, with trading and economic prospects softening, though both remain above their long-term averages. Firms will need to remain adaptable and resilient as we head into the New Year. Many are already thinking ahead and are considering workforce developments such as additional training or upskilling, as well as adopting new technologies.
As the UK’s largest financial services provider, we have an important role to play in creating a more sustainable and inclusive future for people and businesses, by shaping finance as a force for good.
We aspire to contribute to a UK in which all households have access to affordable, safe and sustainable homes in places they want to live.
We're committed to supporting the UK's regions and communities, supporting the regeneration of low-income areas, addressing disparities, and fostering investment and growth.
Page last updated: November 2025