Barclays CEO Welcomes UK Government and Bank of England COVID-19 Package

Jes Staley, Group CEO of Barclays said:

“The package of measures from the UK Government and Bank of England to support businesses and the economy through these unprecedented and challenging times represents the kind of bold and decisive action this country needs right now.

“The combination of the CCFF, providing much needed short term funding support for UK business, and enhancing liquidity in the system via US dollar swaps, delivers precisely the right support as we work together to protect our economy from the impact of COVID-19.”