Barclays has promised to lend at least £30bn to businesses and individuals over the next three years.
Chief executive CS Venkatakrishnan said the bank was “very, very bullish” on the UK as a place to do business.
Barclays’ focus on lending to Britain’s real economy forms part of a major strategy overhaul at the bank. The lender will focus less on its US investment bank as it seeks to shrink the division’s outsized influence.
