UK's Lloyds ditches project finance for new oil and gas fields – Reuters
LONDON, Oct 20 (Reuters) – Britain's biggest domestic bank Lloyds (LLOY.L) said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lenders to push back on funding expansion of the industry.Lloyds updated its climate policy to make the change, which bars project financing or … Read more