UK banks have made initial claims worth £352mn from the government to cover losses on one of its flagship state-backed Covid-19 loan schemes, after recording default rates as high as 25%.
Barclays
New research from Barclaycard Payments has found that cost of living increases are set to impact Business-to-Business (B2B) subscriptions in the UK as nearly half (49%) are considering reducing the number of services they subscribe to, as they tackle rising costs.
Barclays Bank Group has reported a profit of £3.7 billion for H1 in its interim report.
Edinburgh-based company Codebase has been awarded a contract worth up to £42 million to establish seven new tech scaler hubs across Scotland. First Minister Nicola Sturgeon announced the Tech Scaler contract, which is one of the largest investments by the Scottish Government into Scotland
Barclays has agreed a £3 million credit facility with Loretto, Scotland’s oldest boarding school, to accelerate its long-term strategic growth plans.
Over three fifths (68%) of small and medium-sized businesses (SMEs) in Scotland are expecting to see revenues rise this quarter when compared to the same period last year, according to the latest quarterly Barclays SME Barometer. On average, Scottish SMEs expect to see a 10.4% rise between the month
Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.
Businesses are being urged to stay vigilant when paying their bills or changing supplier, as new data from Barclays reveals that in the last three months, fraudsters stole the most money from SMEs through invoice scams.
Shares in Barclays dropped by 2.4% to 156.5 pence per share after one of the bank's biggest shareholders sold a stake worth around £900 million. The unidentified investor offloaded a stake of about 3.6% within a day of Barclays revealing a multi-billion-pound error that has been labelled by an
Key players in the financial services industry are re-evaluating their approach to growth and battling for the best talent, according to a new ‘State of the Industry’ report from Barclays Corporate Banking.
The Financial Conduct Authority (FCA) has fined Barclays Bank £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier FX’s sole banker in the UK.
Almost one in five (17%) retailers in Scotland have cancelled contracts with suppliers across the last 12 months who don’t meet stringent ethical and sustainable standards, new research from Barclays reveals.
Edinburgh-based fintech LendingCrowd has closed a funding deal with Barclays, and a large global investment firm to support SMEs across Britain as they recover from the coronavirus pandemic and return to growth. The funding will be delivered via the British Business Bank’s Recovery Loan Scheme
Barclays has today launched a package of support aimed at boosting small businesses, with the bank set to host masterclasses that will focus on managing cash flow, business growth and support for wellbeing. The classes are open to all small business owners, with national events focused on the hospit
Barclays has agreed a £22.5 million funding package with Kilchoman Distillery, allowing them to invest in new production facilities and further grow the brand globally. The deal will allow the independent distillery on the island of Islay to substantially increase the production of its famous