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2022 sector outlook

Our Industry and Regional Heads share their views on the 2022 outlook for businesses across different sectors and geographies.

Scroll down to read their outlook blogs and find out how our expertise can support your business in the new year.

January 2022

Industries

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Charities

Our Head of Charities, Nazreen Vizram, assesses the challenges and opportunities that lie ahead for the charity sector during what looks to be an uncertain 2022.

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Education

Richard Robinson, Head of Education, looks ahead to the challenges and opportunities for schools, colleges and universities in 2022, after a year in which institutions across the sector have continued to adapt to unprecedented change.

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Healthcare

Our Head of Healthcare, Steve Fergus, foresees a brighter, if still challenging, outlook for the hard-hit care sector in 2022.

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Hospitality and Leisure

Our Head of Hospitality and Leisure, Mike Saul, explores what lies in store for the sector in 2022 as it emerges from the huge challenges of the past year and contemplates the possibility of further Covid road bumps ahead.

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Local Authorities

Head of Government and Local Authorities, Julian Batson highlights the opportunities and challenges facing local authorities as they head into 2022.

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Manufacturing, Transport and Logistics

After a turbulent year, our head of manufacturing, transport and logistics (MTL) Lee Collinson looks at what 2022 holds for the sector. He recognises plenty of reasons for optimism as many firms extend their global reach and ramp up exports.

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Professional Services

Alongside a number of sector experts, our Head of Professional Services, James Morris, discusses the key trends facing the professional services sector including the rise of the mobile workforce and the importance of attracting talent from diverse backgrounds.

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Real Estate

Managing Director, Head of Real Estate, UK Corporate Banking Jason Constable highlights the opportunities and challenges facing businesses as they head into 2022.

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Retail and Wholesale

Head of Retail and Wholesale for Barclays Corporate Karen Johnson highlights the opportunities and challenges facing businesses as they head into 2022 but with the release of recent encouraging sales figures there is a strong feeling of underlying positivity.

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Social Housing

Social housing providers will need to strike a balance between their development aspirations and environmental responsibilities in 2022, says our Head of Social Housing, Dave Cassidy.

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Technology, Media and Telecoms

Ian Bain expects the UK’s trailblazing tech and media companies to continue their upward trajectory of growth and success this year. Likewise, Industry Director LC, Lee Everson says the UK’s high-growth technology companies look set to continue to thrive in 2022.

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Trade & Working Capital

Following the lows of 2020 and the severe global impact of the pandemic, 2021 has been a year of recovery for international trade. Divyesh Modi, UK Head of Trade and Working Capital, discusses some of the key opportunities and challenges for businesses as we look ahead to 2022.

Regions

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East

After a year of mixed fortunes for businesses across the East of England, Stephen Ainsworth, Head of Mid-Corporate, Eastern Region, sees exciting opportunities in technology, research and renewable energy in 2022.

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Mid Corporate

The UK’s SMEs once again demonstrated their resilience and adaptability in 2021. Our Co-Heads of Mid-Corporate, Paul Kempster and Andrea Delay, believe that the same entrepreneurial spirit will continue to help businesses bounce back in the year ahead.

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Midlands

Renewed business confidence and a more positive economic outlook mean the region’s businesses are ready to move forward in 2022, says Head of Mid Corporate, Midlands, Keith Ross.

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North and Scotland

Jamie Grant, Managing Director for Scotland and Head of Mid Corporate (North), believes the region’s SMEs are stronger and better equipped to move forward in 2022 – no matter what new challenges Omicron brings.

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Northern Ireland

Despite new uncertainties around the Omicron variant, Adrian Doran, Head of Corporate Banking – Northern Ireland, predicts a strong year ahead for SMEs, provided a Protocol deal that works for business can finally be agreed with the EU.

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Wales, South West & South

Mark Stuckey, Head of Mid Corporate for Barclays in the South of England and South Wales, shares his insights on what 2022 might hold, including the ever-increasing importance of e-commerce, big opportunities in the tech sector and a renewed appetite for investing in the future.

Read related insights

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The Economy

Get Barclays’ latest analysis on the outlook for the UK and global economies.

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Current Trends

The latest research and expert analysis, including Brexit insight, from Barclays Corporate Banking.

The year ahead for the global economy

After a challenging year for treasurers, Henk Potts looks at the economic impacts of Covid-19 and ventures some predictions for the remainder of 2021.