Backing the UK

Thriving Local Economies

At a time of economic change, it’s really important to work together to help the UK to go forward. We believe that economic success comes from the hard work of people and businesses in local communities around the UK. Partnering with them and others, we will learn about different types of economy and commit to action on the ground – beyond our day-to-day products and services – to help those economies thrive.





The UK is a diverse country with thousands of local communities in cities, towns and villages. Each community is also a ‘local economy’ with its own strengths and opportunities as well as challenges. Through our ‘Thriving Local Economies’ initiative, Barclays wants to help identify the drivers of, and barriers to, local economic success.


Our first pilot: Bury

Bury, in Greater Manchester, will be our first pilot area. Barclays has been present in Bury, in one form or another, since 1798 when woollen merchants John Grundy and Abraham Wood founded a predecessor bank based in Silver Street. Historically famed for its cotton industry, today Bury has a more diversified local economy.



Find out more about the research reports and collected data behind the Thriving Local Economies initiative.





Bury businesses get resilient

Business leaders in Bury were invited to discuss business resilience.


Barclays launches intensive skills training for Bury schoolchildren

Barclays has partnered with 11 local secondary schools to deliver a bespoke skills training programme that aims to boost the aspirations and ambitions of Bury’s young people.