finance

Barclays unveils new campus in Glasgow



Barclays has opened its new campus in Tradeston, which will house technology, operations and functions teams.

The bank has grown its workforce in Glasgow by over 90% in the last four years and is on track to have around 5,000 employees on campus by 2023.

Working with universities in Glasgow and Edinburgh, Barclays is aiming to develop a pipeline of graduate and apprenticeship opportunities, most of which are going into high-skill technology roles.

The 500,000 sq ft site has turned a brownfield area into a new city centre park, including indoor and outdoor spaces for community events, while ‘The Street’ has been developed for social enterprises and local entrepreneurs to showcase and sell their products.

The campus comprises five buildings. Working with the University of Glasgow, Barclays has attempted to reflect the city’s heritage in their names, Tradescroft, Windmillcroft and Wellcroft.

Two historic buildings, Clyde Place House and the BECO Building, have also been restored for public use.

During the development of the site, there was a focus on using local suppliers and contractors wherever possible.

The campus will be home to the latest Barclays Eagle Lab, hosting members of the Glasgow technology start-up community.

Jes Staley, chief executive at Barclays, said: “This campus will give us a competitive advantage through its technology and capabilities, and help us attract the best talent to drive our business forward.

“I am proud of the opportunities we have created – not just through jobs, but also through our supply chain and community initiatives.”

First Minister Nicola Sturgeon said: “The opening of Barclays’ Glasgow campus – one of the biggest inward investments to have ever come to Scotland – represents a landmark moment for our country’s thriving financial services industry.

“It is a real statement of confidence in the talent and skills of our people and reinforces Scotland’s status as a global finance and technology hub.”

Councillor Susan Aitken, leader of Glasgow City Council, added: “The opening of the campus is a landmark stage in a process which will see many high-quality new jobs coming to the city and contribute to our economic renewal.

“The huge investment made by Barclays in the campus reflects their confidence in Glasgow and the skills available in the city, and we are delighted to have worked with them to support this symbolic development on the banks of the river.”

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