SMMT Statistics - Barclays Corporate comment
06 Feb 2012 09:52 GMT
Richard Lowe, Head of Retail & Wholesale at Barclays Corporate comments on today's SMMT statistics:
“2012 is off to a positive start. Last month’s mild weather helped to get buyers onto forecourts, but the market is still tough. It remains to be seen whether January’s uplift can gather momentum in the current climate, but with a number of new model launches due out this year, there is hope that car sales will be buoyed.”
About Barclays Corporate
With a clear focus on quality relationships, Barclays Corporate provides integrated banking solutions to businesses with an annual turnover of more than £5 million in the UK and large local companies, financial institutions and multinationals in non-UK markets. We facilitate the success and growth of our clients by providing lending, risk management, cash and liquidity management, trade finance and asset and sales financing. Additionally, our clients benefit from the breadth of the Barclays Group, through access to the investment banking services of Barclays Capital including debt and equity capital markets, the private wealth management expertise of Barclays Wealth, and the card and payment services of Barclaycard. Barclays Corporate employs over 10,000 people globally. For more information please visit www.barclayscorporate.com.
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