'Radical reinvention': Lloyds Banking Group vows to stop financing new oil and gas projects

clock • 3 min read
'Radical reinvention': Lloyds Banking Group vows to stop financing new oil and gas projects

Campaigners hail move as setting 'a new standard for the UK banking industry'

Lloyds Banking Group has announced it will no longer directly finance the development of new oil and gas projects, in a first for a UK bank. In a company announcement yesterday morning, Lloyds said...

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