Following this legacy is the launch of a new £500m growth fund as part of the Government’s Northern Powerhouse initiative. The project will help Northern businesses to grow and create new jobs.
We accompanied Jes Staley, CEO of Barclays to launch the fund in Northumberland and Sunderland. He met with business owners, workers and apprentices who will be directly impacted by the fund, and was able to see the good this project is doing first hand. This project follows on from previous funds Barclays has set up like the Midlands Engine Fund and the Agricultural Fund.
As a British bank, their focus is on the national economy and supporting industries and communities facing particular challenges in the current climate. The work they are doing speaks for itself, so a simple film highlighting the connections made and progress of the people affected is all that was needed.
Barclays has been supporting Northern businesses since the Industrial Revolution, financing the world’s first steam locomotive passenger railway between Stockton and Darlington.