‘This is a victory for Unite’ as Barclays to pay more than 35,000 workers £1,200 to help with the cost of living crisis

Banking giant Barclays are to pay more than 35,000 customer-facing and junior employees a £1,200 pay rise to help them with the cost of living.

The pay rise to their staff will take effect from 1 August and all UK staff who are in customer facing roles and junior workers will benefit.

Barclays said, “Barclays will continue to monitor the economic situation globally and consider our approach to pay in each country in the local context.”

Dominic Hook, Unite national officer said, “Unite has won this significant financial recognition for our members across Barclays.

“This is a victory for Unite as the union made sure staff concerns were heard at the highest levels of the bank.

“As all employees face significant cost-of-living increases, Unite has campaigned to ensure that this bank recognised the need to act.”