Barclays (BCS,BARC.L,BCY.DE) and Sage announced a new strategic partnership designed to help businesses save time on business administration. The partnership brings together Barclays' business banking expertise with Sage's accounting technology. The partnership will also help businesses navigate the expansion of Making Tax Digital for Income Tax.
Gordon Stuart, SVP of Fintech and Embedded Services at Sage, said: "Small businesses want technology that makes running their business simpler, not more complicated. Working with Barclays, we are taking steps to bringing banking and accounting closer together to reduce that burden and give owners a clearer picture of their finances."
In pre-market trading on NYSE, Barclays shares are up 1.39 percent to $21.13.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.