Lloyds Business & Commercial

Expanding your business globally? Lloyds’ free International Trade Portal provides insights on international markets, trade networks and business opportunities, helping your business trade overseas with confidence. Register now ➡️ http://spr.ly/6001tAs5x Ralph Edwards, David Weatherhead

Wishing our customers and colleagues a Merry Christmas and thank you to our colleagues that are supporting customers over the festive period.

🆕 REPORT: Our monthly gauge of confidence levels among UK businesses   Business confidence rows back from summer highs but trading prospects increase.   Senior Economist Hann-Ju Ho says, “In the last few months overall confidence has fallen incrementally, and in December the trend continued as it fell by 2 points to 39%. While there hasn’t been any significant one-month change, confidence has gradually drifted from the summer’s highs. The key difference in this month’s results is that the fall in confidence is driven by firms’ own trading prospects which have proven to be resilient over the last quarter. There was, however, more positivity regarding the wider economy and, going into 2025, this offers some hope if companies continue to feel confident about the economy."   Read the full report or save this post and come back to it later 🔖   #EconomicOutlook #UKEconomy #UKBusiness

Last Thursday, the stunning St Paul's Cathedral, London was filled with music, singing and lots of festive cheer! 🎉🎄 We're thrilled to be part of such a magical occasion and proud to have sponsored this event for over two decades!

Ready to go global? Find your perfect business match with Lloyds’ free International Trade Portal — helping connect you to top export partners from over a million companies in 200 countries. Register now ➡️ http://spr.ly/6005tAW9T Ralph Edwards, David Weatherhead

Meet the entrepreneurs who have taken their businesses from ‘start-up to standout’. In this fascinating mini-series in collaboration with the High Performance podcast, presenter Jake Humphrey talks to four businesses about the highs and lows of entrepreneurship and their strategies for success. Watch the videos and be inspired today 🔗 http://spr.ly/6001QvYS7 Notpla Translate Culture Flora & Curl

Preparations are in full swing at the beautiful St Paul's Cathedral, London ahead of tonight's spectacular event 'A Celebration of Christmas' carol concert. ✨

Do you have international customers paying by debit or credit card? 💱 If so, it’s time to understand Dynamic Currency Conversion (DCC) and how it benefits both your customers and your business. Here are 5 key things to know: 1️⃣ What is DCC? Dynamic Currency Conversion (DCC) allows your customers to pay for goods and services in their home currency. For example: A US customer visiting the UK is presented with two payment options on the card reader or point of sale screen at checkout – one amount in GBP and another amount in USD. The customer can choose which currency they prefer. 2️⃣ Why is DCC important for customers? When travelling abroad, many customers use their debit or credit cards instead of cash or pre-paid foreign currency cards. However, this often comes with: ● Foreign transaction fees (a percentage of each transaction). ● Currency conversion fees, charged by banks or card providers. These costs can be unclear at the time of purchase, leading to surprises when customers see their card statements. 3️⃣ How DCC benefits your customers: ● Convenience: No need for mental currency conversions - prices are displayed in their home currency. ● Transparency: They know exactly what they’re paying in real-time, with no hidden fees. ● Better customer experience: It’s seamless, straightforward, and tailored to their needs. 4️⃣ The benefits for your business: ● Additional Revenue: You get a share in the DCC fee for every foreign transaction. ● Predictable Payments: Exchange rates are locked at the point of sale, ensuring you're never paid less than the GBP equivalent. ● Enhanced Customer Experience: Happier customers mean greater loyalty and repeat business. 5️⃣ Simple to implement with Lloyds: DCC is easy to add to your existing payment setup through Lloyds’ integrated or standalone point-of-sale solutions and works seamlessly on websites or in-person systems. Importantly, your transaction processing fees won’t increase when you add DCC with Lloyds. Take the first step toward smarter payments. To learn more about DCC or to get started, visit 🔗 http://spr.ly/6009QXdwB

Meet the twenty amazing Black-owned businesses who have impressed the judges to make it onto the shortlist for Black in Business 2024. They're now one step closer to potentially receiving £150,000 in advertising with Channel 4 and the creation of their own TV ad. Black in Business is just one part of a broader range of support on offer for Black-owned businesses from Lloyds. To discover more, visit our Black-owned Business hub. 🔗 http://spr.ly/6049QpzGv Flora & Curl, Nylahs Naturals, Colorintech, Gazelle Global, MAMA Youth Project, The Motherhood Group, FLAKE BAKE, Chrissy Bales, Micro-Fresh®, BYP Network, Storymix,Tritek Consulting Limited,ALONUKO, SOUL CAP

Looking for international partners? Lloyds’ free International Trade Portal is your matchmaker for business, helping connect you with top suppliers from over a million companies worldwide. Register now ➡️ http://spr.ly/6000tAlli Ralph Edwards, David Weatherhead