SALARY sacrifice experts Tusker will be the sole supplier of the employee car funding method throughout the Lloyds Banking Group, including leasing and fleet management specialist Lex Autolease.
Tusker was bought recently by Lloyds for £300m.
Lex Autolease will continue to support existing customers on it own salary sacrifice programme, and will be the primary point of contact for all business leasing and personal contract hire rentals.
Through Tusker we are now able to offer businesses and enterprises a market leading salary sacrifice scheme that will both improve their benefit packages and help them to transition to net-zero. As we continue to expand our Transport business, we are committed to leveraging the expertise across our brands to offer access to affordable electric vehicles.
Nick Williams, Managing Director Transport, Lloyds Banking Group Tweet
In a statement, Lloyds Banking Group said that Tusker had long been recognised as the market leader in the car benefits sector with over 20 years’ experience. Tusker continued to see rapid growth with over 1.5 million UK employees able to access Electric Vehicles (EV) and Ultra-Low Emission Vehicles (ULEV) via its salary sacrifice schemes.
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