Sad End to Historic Charitable Covenant

The HeraldFebruary 26, 2010

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Summary


It is with concern that we learn of the intention of Lloyds Banking Group to terminate its historic covenant with the Lloyds TSB Foundation for Scotland. The foundation has distributed more than pound(s)82m from Lloyds Banking Group plc and this money has improved the lives of hundreds of thousands of young Scots.

The foundation has been a long-time friend to us, funding projects that support the most vulnerable children across Scotland. The foundation's support for charities extends beyond grants.

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Sad End to Historic Charitable Covenant

We have been worried since the t...

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