Key facts
- Barclays will increase pay for approximately 20,000 UK staff.
- The pay rise amounts to 5.35%.
- Unite represents around 35,000 workers at Barclays.
- Unite described the deal as a leading pay agreement for the finance sector.
Barclays has announced it will provide a 5.35% pay increase to approximately 20,000 of its staff in the United Kingdom. The union Unite, which represents around 35,000 workers across the bank, has highlighted this agreement as a significant development. Unite stated that this pay deal is a leading one within the finance sector. The specifics of the negotiations and the exact breakdown of staff affected beyond the 20,000 figure were not detailed in the provided information.