BREXIT CRUNCH: BARCLAYS launches business advice clinic network   

The events for SMES and corporate clients will be held in branches and Eagle Labs, the bank’s co-working innovation spaces, and have 1,500 relationship managers on hand discussing managing cash-flow and working capital, exporting goods abroad, supply chain management, labour, and protecting businesses against fraud. The clinics will also look at using data and technology to help boost trade, from apps and automation, through to the bank’s partnership with Fintech MarketInvoice, providing funding against outstanding invoices.

In some areas industry specialists will also be attending to advise about specific sectors including agriculture, construction, hospitality, manufacturing and healthcare.

Also in the pipeline is a series of digital webinars for SMEs focussing on planning and resilience. 

Jes Staley, Barclays Group chief executive, said: “At a time of general uncertainty, Barclays intends to play our part in supporting the UK economy, and in particular providing help to prepare and cope with whatever Brexit will bring, to the one million UK SMEs that we serve up and down the country.” 

“We continue to see strong lending activity so we know things aren’t slowing down as we approach Brexit,” added Ian Rand, Barclays Business Bank chief executive.

www.barclays.com

source: express.co.uk