Lloyds offers Olympic incentive
LLOYDS Banking Group yesterday pledged to make £1 billion available over the next two years to help businesses fund the London 2012 Olympic and Paralympic Games projects.
In the run-up to the Games, Lloyds said it would stage more than 500 nationwide seminars, including 50 in Scotland, "to help firms understand the business benefits of the Games". The funding will be open to any companies that win contracts with the Olympic Development Authority, the London Organising Committee of the Olympic Games and Paralympic Games, as well as any suppliers to firms that already hold contracts.
Donald Kerr, Lloyds's head of commercial banking for Scotland, said: "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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Monday 20 February 2012
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