Barclays intends to increase lending to its UK customers and clients in 2009 by £11bn, with half of that figure going to homeowners and homebuyers.
Speaking at Barclays' annual general meeting today, John Varley, the bank's group chief executive, says: "At a time when customers are seeking to cope with the economic downturn, and governments and supervisors are dealing with the effects of the financial crisis, we want to do our part in getting credit to customers. Activity by households and businesses will help restore sustainable growth to the UK economy.
"This is a good time to lend, in circumstances where the commercial and risk terms make sense to our customers and our shareholders."
Smoking biggest culprit; obesity second
Average earner will gain £840 in 2018
Will also move heritage items
Responding to letter from Treasury Committee chair Nicky Morgan