The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
600 jobs Number of planned job creations
Announcement Date
6 September 2010
Employment effect (start)
Foreseen end date
Description
Barclays has announced its intention to expand its presence in Glasgow with the creation of 600 new jobs. The company received more than 6.5 million pounds in funding from Scottish Enterprise. Scotlands first minister welcomed the move saying that "This Government recognises the major contribution the financial services industry makes to Scotland's economy, We are determined to continue to support the industry in maintaining its strengths."
Sources
7 September 2010: The Telegraph
6 September 2010: BBC Website
Citation
Eurofound (2010), Barclays, Business expansion in United Kingdom, factsheet number 70932, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70932.
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