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Barclays banks North Down Borough Council

Barclays has completed the re-banking of North Down Borough Council, which will see the bank provide all cash management requirements to the local authority.

Barclays to acquire ING Direct UK

Barclays Bank PLC (“Barclays”) announces that it has agreed to acquire the deposits, mortgages and business assets of ING Direct UK. The acquisition follows the announcement by ING Direct N.V. on 2 August 2012 of a review of its strategic options for the ING Direct UK business, and its subsequent decision to exit the UK retail banking market.

Businesses that export grow by almost a third in just two years

  • Almost a third (29 per cent) of small and medium sized enterprises (SMEs) see a positive impact on their bottom line within just six months of expanding into international markets
  • Over half (54 per cent) said this growth exceeded their expectations
  • An average of 336,000 more people are being employed across the UK as a result of businesses exporting or selling to overseas customers
  • Businesses who have been exporting for more than three years plan on expanding to countries including Hong Kong, India, China and Australia

Businesses generate an average growth of 30 per cent after exporting for just two years, according to new research1 from Barclays.