25 August 2019

Barclays confirms plans for new Glasgow campus

Categories: International Financial Services District Glasgow | Published: 27/07/2018 | Views: 1468
Article from www.ifsdglasgow.co.uk

In fantastic news for Glasgow's financial sector, Barclays has announced plans for a new campus at Buchanan Wharf, Glasgow, providing a state-of-the-art workplace for the bank's functions, technology and operations teams.

Once completed, the campus will be able to accommodate up to 2,500 additional roles, doubling Barclays' current workforce in Scotland. It will play a pivotal role in Barclays' long-term strategic priorities, as 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, part of the  Buchanan Wharf development on the south bank of the Clyde, directly opposite the IFSD..  

The project has been made possible by continued close collaboration with Scottish Enterprise, with which Barclays has reached 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.

The funding grant provided by Scottish Enterprise states that at least 42 per cent of the new jobs will be high value, and at least 341 will be for disadvantaged workers or those with a disability.

More details here.

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