Business
BARCLAYS AND SAGE ANNOUNCE STRATEGIC PARTNERSHIP TO SIMPLIFY BUSINESS ADMIN FOR UK SMALL BUSINESSES
Barclays and Sage (FTSE: SGE) the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, today announced a new strategic partnership designed to help businesses save time on business administration, gain clearer oversight of their finances and keep pace with evolving UK tax requirements.
About this update from Barclays Plc
[{"type":"list","items":[{"val":[{"type":"text","content":"Partnership brings banking and accounting together to help small businesses save time and focus on growth","length":105,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":105,"olType":false},{"type":"text","content":"LONDON, March 17, 2026 /PRNewswire/ -- Barclays and Sage (FTSE: SGE) the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, today announced a new strategic partnership designed to help businesses save time on business administration, gain clearer oversight of their finances and keep pace with evolving UK tax requirements.","length":378,"tagName":"p"},{"type":"image","alt":"Barclays and Sage partnership simplifies business admin for UK SMEs","displaySize":"","headline":null,"caption":"Barclays and Sage partnership simplifies business admin for UK SMEs","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/898c07b8883e4f4ec58c82411d8926c5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/4fBN12zEIGaNVn__Pd.8Og--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/898c07b8883e4f4ec58c82411d8926c5","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/2935850/Barclays_x_Sage.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The partnership brings together Barclays' business banking expertise with Sage's accounting technology to address the everyday administration that underpins running a small business.","length":190,"tagName":"p"},{"type":"text","content":"Financial administration continues to consume a significant amount of small business owners' time. Research from Sage shows the average small business loses 24 working days a year to financial administration – the equivalent of working 13 months in a 12-month year. By working together, Barclays and Sage will help businesses save time through modern digital management tools.","length":385,"tagName":"p"},{"type":"text","content":"The partnership will also help businesses navigate the expansion of Making Tax Digital for Income Tax, supporting clearer, more up-to-date financial oversight as regulatory requirements evolve.","length":193,"tagName":"p"},{"type":"text","content":"Abdul Qureshi, Head of Bu...