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Lloyds launches Accept with Stripe for UK small firms

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KAREN JOY BACUDO

Finance Editor

Lloyds has launched Lloyds Accept with Stripe for its business customers, adding a new set of payment tools for small businesses in the UK.

Integrated into Lloyds and Bank of Scotland business accounts, the product is aimed at small firms that want to take payments in person or online. Businesses can sign up in minutes and begin accepting payments shortly afterwards, according to the banks.

Lloyds Accept includes Tap to Pay on smartphones, payment links, and card terminals for face-to-face transactions. The Tap to Pay service works on iPhone and Android devices, allowing traders to accept contactless card and digital wallet payments through a smartphone and the Lloyds Accept app.

The offer is designed for businesses operating in a range of settings, including customer sites, markets, and community events. It gives merchants a way to collect payments without relying solely on fixed tills or dedicated card machines.

Stripe’s technology underpins the service through Stripe Connect, linking the payments provider’s systems with Lloyds’ banking platform. This gives Lloyds access to Stripe’s payments infrastructure while keeping the service within the bank’s existing business account environment.

For Lloyds, the partnership expands the payment tools available to its business customer base, which the bank said exceeds 1 million companies. It also said it serves more than 26 million individual customers, making the rollout one of the largest bank-led payment propositions in the UK small business market.

Small business focus

The launch comes as banks and financial technology groups compete to provide more day-to-day tools for smaller companies. Payment acceptance has become a key part of that contest, particularly for firms that sell across physical locations, online channels, and temporary trading sites.

Tap to Pay products have gained ground as smartphone makers and payment providers have opened near-field communication features to merchants. That has lowered the barrier to card acceptance for sole traders and smaller operators that may not want the cost or logistics of separate payment hardware.

Lloyds said the new service is intended to help businesses manage trading and cash flow more easily. It presented the product as a flexible option for smaller firms that need to start taking payments quickly.

“Businesses need simple, flexible payment solutions so they can focus on growing and serving their customers. Our new tools enable businesses to get set up and start trading instantly, supporting healthy cashflow, which is vital for small businesses. We’re delighted to be working with Stripe to bring market-leading technology that helps our customers grow and manage their finances with confidence,” said Amanda Murphy, Chief Executive Officer of Lloyds Business & Commercial Banking at Lloyds.

Stripe said the agreement extends its reach into the UK small business banking market through a major domestic lender. The company, which provides payment software and related financial services, said it already processes payments for millions of businesses worldwide.

The partnership also reflects a broader trend in financial services, with banks increasingly working with specialist technology providers to add merchant services without building every component themselves. For Stripe, such arrangements offer access to established banking distribution and long-standing business customer relationships.

Lloyds was described as the UK’s largest digital bank. Stripe said the service would give more limited companies access to the same underlying payments infrastructure used by much larger businesses. That framing underlines how payment technology, once associated with large retailers, is now being packaged for smaller merchants through banks and software platforms.

Eileen O’Mara, Chief Revenue Officer at Stripe, said the new service would widen access to those tools for smaller firms.

“Small businesses are at the heart of the UK economy. Stripe powers payments for millions of businesses worldwide, from startups to the world’s largest companies. We’re thrilled to work with Lloyds to bring that same infrastructure to UK small businesses through Lloyds Accept, giving them the tools to compete, grow, and help drive UK economic growth,” said O’Mara.

In a separate quote, Stripe set out its view of the market opportunity through its partnership with Lloyds.

“A small business on any UK high street can now run on the same payments infrastructure as the largest and fastest-growing companies in the world. World-class financial tools shouldn’t be gated by size and, together with Lloyds, we’re reaching more businesses than we ever could alone,” said O’Mara.



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Haiilo partners Work Networks to boost platform adoption

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Haiilo has formed a strategic partnership with Work Networks, a UK consultancy focused on workplace adoption.

Under the agreement, Work Networks will help organisations implement and roll out Haiilo’s employee experience platform. Its work will include support for community-building, leadership engagement and communication strategies designed to make the platform part of employees’ daily routines.

The move comes as many employers continue to invest in workplace technology while facing weak adoption and engagement across their workforces. Staff are often asked to work across fragmented systems, disconnected communication channels and a growing number of digital tools, leaving employees to manage information overload and competing demands on their attention.

The partnership is part of Haiilo’s wider global partner network. The company operates from offices in the US, UK, Germany and Finland.

Adoption focus

For Haiilo, the tie-up adds a consulting partner with expertise in change management and internal communication at a time when software vendors are under pressure to show that workplace platforms are being used after purchase. The platform is designed to bring communication, knowledge and tools into one place for employees, including frontline and distributed teams.

Work Networks will support organisations through implementation and adoption, rather than only at the point of software deployment. This places the emphasis on workplace habits, leadership behaviour and communication planning, which often determine whether internal platforms gain traction with staff.

Andrew Avanessian, Chief Executive Officer, Haiilo, said: “Employees are often left navigating too many tools, too many systems and too much noise. Attention has become one of the most valuable resources inside any organisation, yet too many workplace experiences are designed in ways that constantly fragment it.

“Haiilo helps organisations create a more connected experience where communication, knowledge and tools work together seamlessly. Partners like Work Networks play a critical role in making that vision a reality, ensuring lasting adoption and meaningful change.”

Consulting role

The partnership also reflects demand from employers for more support with digital workplace change programmes. In many organisations, new systems are introduced into already crowded technology environments, making it harder for staff to know where to find information or which tools should take priority.

This challenge is often more pronounced in businesses with frontline workers or dispersed teams, where communication can be inconsistent and access to corporate systems may vary. By combining software with rollout planning and leadership engagement, companies are trying to reduce the risk that new platforms become underused.

Nick Crawford, Chief Executive Officer, Work Networks, said: “Haiilo’s platform gives organisations a powerful foundation, but technology alone often isn’t enough – organisations also need the right strategy, leadership engagement and cultural change to ensure platforms are truly adopted.

“Our partnership combines Haiilo’s platform with a people-first approach to rollout and adoption, helping organisations create digital workplaces where communication flows naturally and employees feel part of a connected community.”



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Oxford pubs shut over protest fears during England World Cup

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The controversial, ultra-nationalist figure, whose real name is Stephen Yaxley-Lennon, is expected to speak at the Oxford Union debating society in St Michael’s Street today (Wednesday, June 17).

He will debate a motion on whether the West is ‘right to be suspicious of Islam’, with actor Laurence Fox and politician Sir Jacob Rees-Mogg also due to speak

Tommy Robinson, who has multiple convictions for offences including assault, using a fake passport, mortgage fraud and contempt of court, will debate (Image: PA Media)

Fears among local hospitality businesses, including pubs, restaurants, and coffee shops, have risen as a large demonstration has been planned ahead of the speaker’s arrival.

Multiple reports say as many as five roads are set to be closed from 4pm in preparation, including: St Michael’s Street, Cornmarket Street, Queen Street, Market Street, and Ship Street.

Oxfordshire County Council only confirmed St Michael’s Street would be shut due to the event.

But businesses told the Oxford Mail that county council officials had informed them their streets would be impacted. University of Oxford also posted on social media that Thames Valley Police had told them of the five road closures.

Oxford Union in St Michael’s Street (Image: Roger Askew)

Businesses, particularly pubs who will be closing are concerned about staff and public health and safety and a loss of revenue, on what should be the busiest time for them due to the World Cup.

The Jolly Farmers Pub in Paradise Street said: “Businesses are going to suffer. Communities are going to suffer. Our reputation as a city is going to suffer.”

A pub spokesman confirmed The Jolly Farmers will be closed today for the visit.

The Three Goats Head Pub in St Michael’s Street, next door to the union, is closing from 4pm. It will therefore have to send staff home and will lose business.

Manager Jaz Rai said: “I believe in free speech, but I’m not sure why the decision was made for the first match, they should have thought about it bit more.”

Society Coffee, opposite The Oxford Union society, which usually closes at 5.30pm, will close at 4pm.

It is alleged that The Plough Inn in St Michael’s Street will be closed and boarded up (Image: Newsquest)

The popular Plough Inn in Cornmarket Street, is believed to be closing and boarding up, according to local pub managers.

Multiple closures are planned for businesses in Ship Street, opposite St Michael’s Street (Image: Newsquest)

In Ship Street, two of the three businesses are remaining open. This includes Crosstown, award-winning doughnut sellers, and No.1 Ship Street, award-winning independent restaurant.

Maddie Holloway, a barista at Crosstown in Ship Street, who will be working throughout the planned demonstration (Image: Newsquest)

Maddie Holloway, barista at Crosstown, will be working during the protest. She said: “There’s been many protests on St Michael’s Street before but they haven’t come here but we would close if there was a danger.”

Manager Jose Toro of New Ground Coffee in Ship Street is closing from 4pm. He said Oxfordshire County Council came to the business to warn them to not have property, such as tables and chairs, outside.

He said: “It’s out of our control but from a business perspective you can’t just shut down the city without asking anyone.”

The White Rabbit in Friars Entry is closing from 4pm to protect customer and staff safety, despite major business losses (Image: Newsquest)

White Rabbit in Friars Entry is closing from 4pm. General manager Edward Whinney, has prioritised staff and public safety, despite a major financial loss.

He said the closure was important as pub closures across the city could push football fanatics and protestors into nearby streets.

He said: “I was really shocked that at a time where there is so much division and anger, the Oxford Union society, which is supposed to hold constructive debates, is choosing speakers where any proper agreement is going to be lost – It is really irresponsible and I think it’s about making a statement.”

He has had to cancel 70 table bookings, losing 20 per cent of business.

He said: “I will fiercely defend free speech, but it’s staggering that businesses who need the help the most are going to be affected the hardest.

“Our first priority is making sure people are safe and happy, so we didn’t want to risk any consequences on our staff and customers.”

The Grapes in George Street is staying open for the first England World Cup game.

Manager Phoenix Herald called the timing of Tommy Robinson’s visit “ironic” but said the historic beer house is “on alert but not letting it dictate” them.

It will have extra security in the form of bouncers with town radio connections and a ‘just in case’ action plan.

Anneliese Dodds has called the behaviour of Oxford Union’s leadership (Image: Constituency office of Anneliese Dodds)

Anneliese Dodds, Labour MP for Oxford East, has called the behaviour of Oxford Union’s leadership “damaging” to the city.

She said: “The Oxford Union’s decision to host Stephen Yaxley-Lennon has already been rightly criticised for ignoring the views of Oxford residents concerned about its impact on community relations.

“Now it appears local businesses are also worried that they could be targeted by supporters of Yaxley-Lennon and the division he promotes.

“When will the Oxford Union’s leadership realise their behaviour is damaging our city?”





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CyberNorth & Check Point bring summit to Newcastle

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CyberNorth and Check Point will host the Cyber Leader Summit in Newcastle, bringing Check Point’s summit series to the North East for the first time.

Part of the wider TechNExt programme, the event will bring together cyber security professionals, technology leaders, policymakers and innovators. The Newcastle edition follows previous summits in London and Manchester.

For CyberNorth, the move marks another sign of the North East’s growing role in the UK cyber sector. The organisation supports around 600 businesses and more than 5,000 active professionals across the region, with links to sectors including FinTech, space, maritime and defence.

Check Point, which sells cyber security products and services to businesses and governments, said the summit would focus on issues including AI, quantum technologies, ethics, resilience and skills. Speakers are expected from regional and national organisations, including the BBC.

Regional profile

The summit is backed by the Department for Science, Innovation and Technology, which has promoted stronger cyber practices and wider AI adoption across UK regions. Its support adds a national policy dimension to an event centred on a regional technology cluster.

Jon Holden, Chief Executive Officer of CyberNorth, said: “Bringing the Cyber Leader Summit to Newcastle in collaboration with Check Point is a huge moment for the North East cyber scene. The fact that this nationally recognised roadshow is coming to the region, following events in London and Manchester, is a clear indication of the growing reputation and capability of the North East. The region is home to exceptional cyber talent, innovative businesses and a highly collaborative ecosystem. Through key events such as the Cyber Leader Summit we’re able to bring together industry leaders, innovators and future talent to help strengthen the region’s position as a key player within the UK cyber security landscape.”

The North East has sought to raise its standing as a cyber security centre as part of a broader effort to expand the regional technology economy. CyberNorth added that its relationships with the Department for Science, Innovation and Technology and the Department for Business and Trade have helped raise the area’s profile in the UK and abroad.

Sector links

Its network extends across critical national infrastructure, quantum and other technology fields, giving it reach into both established industries and emerging areas. That cross-sector presence helps make events such as the Cyber Leader Summit useful platforms for introductions, partnerships and discussion between public and private sector participants.

Charlotte Wilson, Head of Enterprise at Check Point Software Technologies, said: “We’re delighted to bring the Cyber Leader Summit to the North East in partnership with CyberNorth and as part of TechNExt 2026. The summit is designed to encourage meaningful conversations around the challenges and opportunities facing cyber security today, from AI and quantum technologies to ethics, resilience and future skills while creating opportunities for collaboration across the wider ecosystem. The North East has a vibrant and fast-growing cyber community, and it’s important for us to support and engage with the organisations, leaders and emerging talent helping shape the future of the industry.”

The event reflects a wider trend of national and international cyber security companies looking beyond London for industry engagement. Regional clusters have become more visible as employers, investors and policymakers respond to demand for cyber skills and the spread of digital risk across sectors.

That has also sharpened attention on how local ecosystems connect with national strategy. In this case, the summit’s agenda is expected to cover both current threats and longer-term issues such as skills development and the effect of emerging technologies on resilience.

A spokesperson at the Department for Science, Innovation and Technology said: “At DSIT, we always look to support the regions in their pursuit of improved cyber security practices and, increasingly, their focus on AI development and its adoption. To strengthen resilience across the UK, it is essential that the regions continue to upskill their businesses and the next generation of professionals in these frontier technologies. That a global leader in cyber tech and AI has chosen to bring their senior leader summit to the North East, is a great indication of the calibre of businesses and potential of the region. I wish the event every success.”



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