27th Mar 2019 06:39
LONDON (Alliance News) - Barclays PLC has announced a GBP14 billion lending fund to help small businesses cope with Brexit.
The initiative includes business loans and overdrafts as well as a series of seminars across the country to give advice to small and medium sized enterprises.
Barclays said it wanted to help firms prepare for leaving the EU, including exporting goods and staffing issues.
Barclays Chief Executive Jes Staley said: "Barclays stands ready to help local businesses in towns, cities and rural communities, up and down the country, during this period of uncertainty.
"Today's GBP14 billion fund, along with our broader package of support, shows our commitment to the local businesses that are the backbone of the UK economy."
By Alan Jones, Press Association Industrial Correspondent
source: Press Association
Related Shares:
Barclays