Barclays invests for growth in Glasgow

Barclays today (July 23rd) announces plans to develop a new campus at Buchanan Wharf, Glasgow, which will provide a state-of-the-art workplace for the bank’s functions, technology and operations teams.With cutting-edge technology and design, this world class working environment will help the bank deliver outstanding services to customers and clients by fostering innovation and collaboration. The campus will play a pivotal role in the execution of Barclays’ long-term strategic priorities and will be one of a small number of key global sites.Barclays has agreed to purchase the campus development from Drum Property Group Ltd and is currently working with them to finalise the design of the new facility as part of the wider Buchanan Wharf development. 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.The project has been made possible by the continued close collaboration with Scottish Enterprise, with which Barclays has reached an agreement for a funding grant of £12.75m, and Glasgow City Council, which has been instrumental in turning the initial proposal into a viable scheme.