Lloyds has a long history with the manufacturing sector and is committed to supporting UK manufacturers, from Small & Medium Enterprises (SMEs) to listed Tier 1 OEM’s (Original Equipment Manufacturers). Across all sectors, from automotive and chemicals to materials and minerals, aerospace and defence, we understand the significant contribution of UK manufacturers to the UK economy.
Our sector expertise and strong product offering means that we bank around 1 in 5 SME manufacturers and support some of the biggest manufacturing firms in the country to thrive, innovate and grow. We continue to invest and develop partnerships in the sector, including our multi-million pound sponsorship of the Manufacturing Technology Centre (MTC). Since 2015, our partnership with the MTC has helped to train thousands of graduates, apprentices and engineers and supported hundreds of SMEs to access productivity and sustainability support. We have extended our sponsorship making a total commitment of £15 million through to the end of 2029.
Our support is helping to address one of the key challenges that UK manufacturers continue to highlight as a barrier to growth - the skills shortage. Through our sponsorship, we have supported the training and upskilling of over 4,700 apprentices, graduates and engineers – including more than 800 in 2024 alone. We remain on track to exceed 6,000 by 2030.
We work across the manufacturing supply chain, supported by a highly experienced Environmental, Social and Governance (ESG) team. Our teams support businesses across the UK, providing insights and learnings to clients to inform their transition strategies. The team combines deep experience in structuring sustainable finance products across many sectors with expertise and insights to help clients leverage the opportunities of sustainable growth.
- For more information on our support for the manufacturing sector, visit us here.
- For more information on our partnership with the Manufacturing Technology Centre, visit us here.
- For more information on how we are supporting clients on the transition to a low carbon economy, visit us here.
- For more information on how we supporting businesses in the UK to grow and prosper, visit us here.
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