New research by Barclays Corporate Banking has revealed that the hospitality and leisure industry is thriving again and could contribute £250 million more to Scotland’s economy this year than in 2019.
Barclays
Barclays Eagle Labs is launching its second 12-week virtual accelerator programme, designed to help early-stage tech businesses founded by one or more Black entrepreneurs, in order to continue to help boost diversity in entrepreneurship.
British high growth companies have raised £19 billion in foreign investment in the past three years alone, according to a new report released today by Barclays and Beauhurst. The ‘Trading Places’ report reveals that UK businesses are proving to be an attractive proposition for
Barclays has posted its half-year results revealing a profit before tax of £5.0 billion, compared to the £1.3bn reported at the same time last year. The bank has reported an attributable profit of £3.8bn, against last years figure of £0.7bn.
New research by Barclays Corporate Banking has revealed that 17,000 local high street stores could open across the UK in the next 12 months as shoppers adapt to a post-lockdown world by ‘looking local’. The report, Retail Unlocked, was published today and is available here
Avondale Care Scotland has agreed a £10.2 million loan with Barclays to accelerate its long-term growth plans and expand its portfolio. The funding package ensures the care home operator has access to capital to provide premium facilities to residents and supports the acquisition of residentia
The Scottish Highlands is set to benefit from British staycationers in 2021, as new Barclays research reveals that the region was ranked as the seventh most popular holiday destination. Barclays is encouraging people to get to ‘Know Your Nation’ and explore the British Isles, with the ba
Barclays has revealed that its profits for the first quarter of this year have more than doubled from last year to £2.4 billion. In the first three months of 2020, Barclays's profits stood at £0.9bn.
Barclays is issuing a scams warning focused on the 26,525 property and construction companies based in Scotland. Data released by the bank has revealed that scams targeting businesses increased by almost a third (31%) in January and February, when compared with last year.
Edinburgh-headquartered technical advisory firm ITPEnergised has secured a six-figure funding deal from Barclays to support its growth aspirations. The firm enjoyed strong revenue growth in the financial year 2019-2020. It has continued to expand its operations and headcount in the current financial
Exclusive data from Barclays Games and Esports released today reveals that the games sector has seen one of the largest increases in spending in 2020, with an increase of 43% compared to 2019. This is 11%higher than the increase in entertainment streaming services (music, video and books, 32%) and 1
Barclays is providing a support programme to local businesses in Kilmarnock to help the UK’s economic recovery at a city-wide level. Focusing first in Kilmarnock, one of Barclays’ Rebuilding Thriving Local Economies (RTLE) pilot areas, the package offers support to boost growth for local
Almost 450 executives at Barclays each received annual pay packets of more than £1 million, despite a 30% drop in the bank's profits. While Barclays chief executive Jes Staley received a 32% pay cut to £4.01m, the bank’s annual report released yesterday has revealed that total bonu
UK retail sales volumes fell a substantial 8.2% month-on-month in January, according to new figures released by the Office for National Statistics (ONS).
Barclays has reported a 30% drop in pre-tax profits to £3.1 billion for 2020, down from £4.3bn in 2019. The bank allocated £4.8bn to cover loans set to go bad amid the economic upheaval of COVID-19. This is slightly lower than the £5bn that financial analysts had expected Bar