Championing Black Business - a conversation with Paul Kempster, Lloyds Banking Group

Описание: In our new podcast, we shine a spotlight on the growth of Black-owned businesses across the UK and the many factors involved in running and scaling a business.

In this episode, Yetunde Dania, Partner and Head of Trowers & Hamlins’ Birmingham office, speaks with Paul Kempster, Managing Director and Head of Commercial Banking Coverage at Lloyds Business and Commercial Banking. Together, they discuss the challenges facing small businesses, the specific impact on Black-owned enterprises, and why supporting Black business has become a strategic priority for Lloyds.

Paul shares examples of Lloyds’ initiatives, including the successful Black in Business collaboration with Channel 4 and the UK Black Business Show’s Launchpad. He also reflects on the importance of working with other organisations to create an inclusive entrepreneurial landscape.

00:00 Introduction
02:47 What are the three challenges ethnic minority businesses are facing?
07:44 Why has supporting Black businesses become a trust point for Lloyds?
15:38 Recent Lloyds initiatives
20:12 Importance of collaboration and why it is so important to Lloyds?
23:30 The idea behind the Launchpad competition
27:28 What drives Paul's personal commitment to advancing racial diversity in the banking industry?
34:08 Financial sector's role in inclusive entrepreneurship
39:55 Lloyds enduring support for Black businesses