Barclays
This coverage examines Barclays’ activities and influence on the UK retail sector, with reporting on economic outlooks, lending practices, partnerships, and service initiatives that impact retailers. Tailored for retail executives, finance managers, and planners assessing banking relationships, credit availability, and broader financial trends affecting retail operations.
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Aug- 2025 -12 AugustHigh Street
Waterstones secures £125m to fund growth
Waterstones has secured £125m in syndicated financing to support its operations and expansion plans. The UK-based bookseller said the package, jointly arranged by Barclays UK Corporate Bank and HSBC UK Bank, includes a £75m term loan and a £50m revolving credit facility. The funding will go towards the company’s ongoing…
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11 AugustOnline & Digital
Carlyle poised to take control of Very Group from Barclay family
The US private equity firm Carlyle is reportedly expected to seize control of Very Group later this year, ending the Barclay family’s long-running ownership of one of the UK’s largest online retailers, according to Sky News. Sources told the outlet that Carlyle, which is the biggest lender to Very Group’s…
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Jun- 2025 -19 JuneSupermarkets
Co-op secures £350m sustainability-linked loan from six banks
Co-op has secured a £350m loan facility from a syndicate of six major banks, in a deal that ties borrowing rates to environmental and social impact targets. The lenders include HSBC UK, Barclays, ING, Lloyds, NatWest and Rabobank, a Dutch co-operative bank. NatWest acted as facility agent and mandated lead…
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5 JuneEconomy
Consumer confidence hasn’t recovered since Brexit vote, Barclays finds
Consumer confidence reached its highest point in the past 10 years in September 2016, at 48%, just after the Brexit referendum, according to Barclays’ “10 Years of Spend” report. Barclays has been tracking consumer confidence monthly since 2015 and also surveyed 2000 people in the UK for the report, which…
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May- 2025 -7 MayNews-In-Brief
Today’s news in brief-7/5/25
Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she served as chief customer and marketing officer, overseeing brand strategy, digital, and PR. With prior experience at Sainsbury’s and Barclays, she aims to reinforce Asda’s position as the UK’s lowest-priced…
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7 MayPeople Moves
Asda appoints former Morrisons exec as chief customer officer
Asda has announced the appointment of Rachel Eyre as the new chief customer officer, succeeding David Hills in the role. Eyre joins from Morrisons where she was previously chief customer and marketing officer, responsible for the retailer’s customer service, brand, marketing, digital and PR activities. Prior to joining Morrisons in…
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Apr- 2025 -4 AprilOnline & Digital
THG completes debt refinancing to 2029
Manchester-based online retailer THG has announced it has completed its debt refinancing arrangement up until December 2029. The news comes as THG revealed it has been undertaking a comprehensive refinancing exercise which includes a partial Amend and Extend of the Term Loan B to extend the maturity of €445m (£376.6m)…
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Feb- 2025 -5 FebruaryOnline & Digital
Very Group ends HSBC relationship after 10 years
The Very Group has cut ties with HSBC, the bank which ran its customer loan portfolio worth around £1.8bn, according to reports from The Times. The online retailer has instead handed over responsibility of the securitisation of its buy now, pay later offer, to Natwest. Very provides finance options for…
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Dec- 2024 -2 DecemberNews
Co-op extends £400m sustainability-linked revolving credit facility
Co-op has announced the extension of its £400m sustainability-linked revolving credit facility for a further five years until November 2029. The extension underlines the supermarket’s commitment to a sustainable future and aligns with its sustainability and social goals targets initiated within the original facility agreement. The revolving credit facility provides…
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Oct- 2024 -8 OctoberOnline & Digital
Very Group owners to appoint banks ahead of potential £2.5bn sale
The owners of the Very Group, the Barclay family, have reportedly appointed banks as they eye a £2.5bn sale of the group, according to reports from Sky News. The board, now chaired by former chancellor Nadhim Zahawi, is lining up Barclays, JP Morgan and Morgan Stanley to handle a strategic…
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