Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.
Businesses are being urged to stay vigilant when paying their bills or changing supplier, as new data from Barclays reveals that in the last three months, fraudsters stole the most money from SMEs through invoice scams.
Shares in Barclays dropped by 2.4% to 156.5 pence per share after one of the bank's biggest shareholders sold a stake worth around £900 million. The unidentified investor offloaded a stake of about 3.6% within a day of Barclays revealing a multi-billion-pound error that has been labelled by an
Key players in the financial services industry are re-evaluating their approach to growth and battling for the best talent, according to a new ‘State of the Industry’ report from Barclays Corporate Banking.
The Financial Conduct Authority (FCA) has fined Barclays Bank £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier FX’s sole banker in the UK.
Almost one in five (17%) retailers in Scotland have cancelled contracts with suppliers across the last 12 months who don’t meet stringent ethical and sustainable standards, new research from Barclays reveals.
Edinburgh-based fintech LendingCrowd has closed a funding deal with Barclays, and a large global investment firm to support SMEs across Britain as they recover from the coronavirus pandemic and return to growth. The funding will be delivered via the British Business Bank’s Recovery Loan Scheme
Barclays has today launched a package of support aimed at boosting small businesses, with the bank set to host masterclasses that will focus on managing cash flow, business growth and support for wellbeing. The classes are open to all small business owners, with national events focused on the hospit
Barclays has agreed a £22.5 million funding package with Kilchoman Distillery, allowing them to invest in new production facilities and further grow the brand globally. The deal will allow the independent distillery on the island of Islay to substantially increase the production of its famous
Almost three quarters (72%) of small or medium enterprises (SMEs) across Scotland are currently waiting on late payments from customers, according to new research from Barclays surveying 500 UK small business owners.
ENABLE Scotland has received a £100,000 donation from Barclays to engage with people who have learning disabilities from ethnic minority communities. ENABLE Scotland, the country’s largest member-led charity, received the funding from Barclays to strengthen engagement and support to unde
Female-founded, equity-backed businesses across the UK have now closed the gender funding gap in GreenTech, according to a new report from the Female Founders Forum, a partnership by think tank The Entrepreneurs Network and Barclays. As global and business leaders gather in Glasgow for COP26, the re
Scottish retail sales should "regather some momentum" over the next few months, particularly in clothing as the winter weather sets in, Barclays has said. The latest retail sales data from the Office of National Statistics (ONS) shows a slight fall in retail sales across the UK last month.
Barclays has posted its third-quarter results for the year, revealing profits before tax of £6.9 million, compared to £2.4m in the third quarter of 2020. The bank's net interest income dropped by 7% throughout the quarter to £5.8m, while its total income dropped slightly from &poun