Barclays world-class campus takes shape in Glasgow
Glasgow’s financial services sector received a major boost after Barclays announced plans to develop a new 5000-person campus on the banks for the River Clyde.
Barclays operates in 40 countries across the world, and the development in Glasgow will sit alongside Whippany in New Jersey and Pune in India as part of a global strategy to create world-class facilities for the bank’s functions, technology and operations teams.
It is expected that once completed, the campus will be able to accommodate up to 2,500 additional roles, doubling Barclays’ current workforce in Scotland and making the bank one of Glasgow’s biggest commercial employers. At least 42 per cent of the new jobs will be high value, and at least 341 will be for disadvantaged workers or those who have a disability.
Paul Compton, chief operating officer at Barclays, said: “This new campus is a flagship project for the bank, which builds on Barclays’ long history in Scotland and clearly demonstrates our commitment to supporting the UK economy. This is a fantastic opportunity to deepen our close ties with local communities and academic institutions to attract and retain the very best talent. It will be somewhere that our colleagues are incredibly proud to work.”