Bank in pledge to help businesses

Businesses in need of help to get through the recession have been pledged new help by Barclays.

The bank has launched a new programme called Turning the Corner, which it has said will provide "added value" to the financial support it can offer by giving useful advice and information to those running firms.

Managing director of Barclays Commercial Bank David Marks stated: "We are acutely aware of our responsibilities in the current environment and we remain committed to creating and maintaining a platform for our clients to succeed."

He added that offering "specific solutions" could help companies to not only survive the downturn but be in a good position to prosper when the economy recovers.

Many people running their own enterprises may be interested in seeking advice on how to manage them better.

Earlier this week the Trades Union Congress and the Federation of Small Businesses issued a joint call for the government to help fund companies moving to short-term wages and temporary lay-offs, a move it said could help up to 600,000 employees.

Written by Rachel Crook

Published on: March 4, 2009

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