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Business · 13 July 2026

Barclays and Lloyds join push to bring £33bn into UK markets

Barclays and Lloyds join push to bring £33bn into UK markets

Jose Marroquin (Unsplash) | Mtaylor848 (Wikimedia, CC-BY-SA-4.0)

A report led by the Treasury’s wholesale digital markets champion says faster use of tokenised financial assets could add up to £33bn to the UK economy. Barclays and Lloyds are among 54 financial firms supporting a 12-month plan to modernise trading and settlement. The report also estimates the change could raise an extra £14bn in tax over the next decade.

Reported by City AM · How we write briefs

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