THREE CHEERS FOR LORD BLACKWELL!28 Mar 2021 15:32
Delighted to see our former Chairman recognised for his outstanding achievements, no less than by the Sunday Times Non Exec Director Awards, run in conjunction with Peel Hunt.
Commended by the Judges for the pivotal role he played in Lloyds turnaround after the financial crash, Blackwell concedes
that the Bank may have lost sight of the fact that they were there to serve their customers first. The judges were also impressed with Lloyds response to the pandemic, especially the speed with which it introduced repayment holidays and
free overdrafts. And what's really heartening to know is that Lord Blackwell doesn't want to chase up customers or
businesses who may not repay some of the £12Bn handed out under Covid lending schemes. ' We want to avoid the
reputational damage that came at the end of the last financial crisis of appearing as if we were only concerned with getting the money back' What a splendid fellow. Such worthy sentiments. Shareholders don't get a mention though.