Barclays launches all-employee car ownership plan

Barclays has introduced an all-employee car ownership plan that undercuts high street vehicle prices.

Head of benefits Catherine Redmond said the scheme was proving popular: “[It’s] generating huge interest. The deals we’re getting are definitely better than you can get on the street. It’s for everyone, we’re actually making it available for pensioners too,” she said.

In addition to the bank’s national workforce of over 60,000 staff, over 20,000 retired Barclays workers are allowed to buy discounted cars under the affinity scheme.