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On social media, Barclays has advised customers experiencing difficulties accessing their money to seek support from friends and family and to contact food banks.
Barclays is one of the UK's largest banks, with over 20 million UK retail customers. It says it processes over 40% of the UK's credit and debit card transactions.
In 2013 the division was restructured to work more closely with retail and corporate banking divisions. It serves affluent and high net worth clients through offices across the UK, offering personalised banking, credit, investment management and wealth planning services. [1] As of 2013, reported client assets were £202.8 billion. [2]
Barclays PLC (/ ˈ b ɑːr k l i z /, occasionally /-l eɪ z /) is a British multinational universal bank, headquartered in London, England.Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.
Tide (Tide Platform Limited) is a UK financial technology company providing mobile-first banking services for small and medium-sized enterprises.It enables businesses to set up a current account and get instant access to various financial services (including automated bookkeeping and integrated invoicing).
The acquisition would enable Barclaycard's clients to benefit from The Logic Group's single platform transaction processing capabilities, alongside data insights, which would allow merchants to better target their services to customers. In late 2014, Barclays confirmed that the Logic Group acquisition has been finalised. [17]