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Thursday 14 October 2021

Barclays bases technology teams north of the border

BarclaysUK banking group, Barclays has opened a new central operations facility in Scotland. The campus location alongside the River Clyde in Glasgow will be home for many of the bank’s technology teams, including those associated with its Eagle Lab technology incubator programme. Barclays currently employs around 3.75k staff in the Glasgow area and the new site is designed to house around 5k employees by 2023.

Barclays secured a £13m funding package from Scottish Enterprise in 2018, which included the condition that at least 42% of the new jobs would be "high value", and at least 340 targeted towards disabled or disadvantaged workers. According to Barclays, the state of the art facility has been built with inclusivity in mind, including a specific focus on neurodiversity via the bank’s partnership with Scottish Autism.

Similar to other technology vendors located around Glasgow (see: HPE reaffirms its commitment to Erskine) this major investment by Barclays reflects the bank's confidence in the area as a tech hub. Scotland has long been the preferred home for many of the UK’s largest financial services brands and the latest move appears to indicate that, the pool of local talent, coupled with the incentives available from a progressive administration, are helping to maintain the region’s appeal.

Posted by: Jon C Davies at 07:45

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