United Kingdom
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.9 - Other financial service activities, except insurance and pension funding

160 jobs
Number of planned job losses
Job loss
Announcement Date
5 February 2008
Employment effect (start)
Foreseen end date
31 December 2008


Barclaycard, the subsidiary of the multi-national financial services group Barclays, has announced that it is to close its site in Northampton with the loss of approximately 160 jobs. The Northampton site produces credit cards and mails statements to Barclaycard customers, and will close by the end of 2008. The work carried out at the Northampton site will be ‘outsourced’ to firms operating in the UK. Print production will be ‘outsourced’ to a firm in Buckinghamshire, mailing operations will be ‘outsourced’ to Leicestershire, and card operations will be ‘outsourced’ to Hampshire. Employees at the Northampton site have been informed of Barclaycard’s plan, and will be employed at the site until its closure at the end of 2008. For a further three month period after the closure, employees will receive full pay whilst they search for alternative employment.


  • 5 February 2008: BBC News


Eurofound (2008), Barclaycard, Outsourcing in United Kingdom, factsheet number 66273, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66273.