All news on the topic: Barclays

413
Barclays’ coal credits reveal ’big hole’ in its climate policy
Barclays helped raise nearly $2bn for companies running highly polluting coal-fired power plants in the US, exposing an “enormous loophole” in its climate policy.
646
Full list of banks that have cut mortgages after Bank of England interest rates update
The Bank of England finally cut its base rate from 5.25% to 5% - the first time there has been a reduction since March 2020 and this is good news for those with a variable mortgage
596
Seven banks share data with UK law enforcement in a crackdown on ’dirty money’
Barclays (BARC.L),NatWest and Lloyds are among seven banks to share customer data with the National Crime Agency (NCA) in the largest project of its kind worldwide to tackle criminal gangs, money laundering and "dirty money" flowing through the country.
471
The mortgage price war intensifies as leading lenders like Barclays and Halifax reduce their rates
This week alone Barclays, Halifax, First Direct, Nationwide and Virgin Money have all announced changes to their home deals while last week HSBC, Yorkshire Building Society, and Santander also lowered mortgage rates
388
Barclays suspends sponsorship of festivals including Download and Latitude after boycotts
Following protests from fans and artists, the bank Barclays has pulled its sponsorship from festivals including Download, Latitude and the Isle of Wight festival.
476
Barclays branches targeted by pro-Palestine activists
Barclays denies investment in Israeli firms with links to the arms trade as at least 20 of its branches are vandalised in attacks overnight that also involved climate activists.
482
Barclays, NatWest and Lloyds customers issued warning in 388 towns
Labour has warned that many communities have been turned into ’banking deserts’ as branches disappear from high streets without there being any alternatives nearby
780
Wettest February on record dampens consumer demand - British Retail Consortium
Retailers have suffered poor retail sales due to the wet weather with toy sales the only bright spot as parents tried to keep their children entertained indoors
605
Debanking: More than 140,000 business accounts forcibly closed down in 2023
MPs on the Treasury Committee gathered the information as part of a probe into how many small to medium businesses face being debanked
648
Record 80% of 85 and 95 now pay with contactless, Barclays research shows
The figures were based on Barclays debit card and Barclaycard credit card transactions made by consumers
855
High street banks closing 49 branches in March - from Barclays to NatWest
There are already 249 high street bank closures scheduled to take place in 2024, including 49 happening next month by Barclays, Halifax, Lloyds, NatWest and Ulster Bank
993
'The obscene profits made by the Big Four banks will stick in the craw'
The Big Four banks' profit gains were made off soaring interest rates, which have cost households hundreds more in mortgage and rental costs - corporations put profits ahead of people
975
Car finance probe: What is being investigated and will customers be compensated?
Lloyds has become the first UK bank to set aside hundreds of millions of pounds in case it has to compensate car finance customers, amid a major investigation into whether people overpaid on their loans
914
Lloyds, HSBC, Barclays and NatWest rake in £44bn as borrowers hit by rate hikes
Lloyds Banking Group was the last to report its annual results as it today revealed it made a record £7.5billion last year - a more than 50% leap on 2022
768
Barclays overhaul welcomed by investors, but fears raised about further job cuts
The bank is aiming to save about £1 billion from making the bank more efficient this year, and targeting about £2 billion worth of savings in total by 2026
781
Barclays profits fall by 6% to £6.6bn as bank spends £1bn on restructuring
In the last quarter, its profit dropped by 92% from £1.3 billion the previous year to £110 million
732
Romantics showed high street some love with boost in sales of flowers and meals
Transactions at florists were up by 10.4% annually on February 13, the day before Valentine's Day, Barclays said
1211
UK's five biggest banks are expected to reveal record £50 billion profits
The UK's biggest banks are set to report record-high profits after a year that saw lenders benefit from higher borrowing costs, as they face questions over the outlook for the year ahead
1201
WSL bids to seal eye-catching TV deal - £20million and every match shown live
The Women's Super League's current £7.75million-a-year broadcast deal is set to expire at the end of this season with more than half of matches broadcast for free on the FA's website
705
UK town dubbed 'Costa Del Dole' suffers new blow as high street staple shuts
A major high street institution is set to close its branch in a seaside town dubbed 'Costa Del Dole' due to what it describes as 'changes in customer behaviour'
1032
Barclays to stop financing new oil and gas projects in climate strategy update
The bank has pledged to focus capital on supporting energy companies to decarbonise
1033
Tesco Bank is being sold to major rival - with five million customers affected
The banking giant expects to pay roughly £600million for the credit cards, loans, savings and operating systems of the UK's largest supermarket
1074
CMC Markets to axe 200 jobs as the online trading platform looks to save £21m
The London-headquartered firm founded by Conservative peer Lord Peter Cruddas said it was cutting its global workforce by about 17% to "drive efficiencies and control costs"
1037
It's not Glastonbury, but Bristol City Women are doing matchdays differently
Bristol City Women sit bottom of the league table and have not won a game at home but the club are creating one of Europe's highest average attendances by making matchdays different than your average
777
Jeremy Hunt holds meeting with bank bosses in bid to boost interest in City
The Chancellor and Bim Afolami, the economic secretary to the Treasury, met with bosses at Barclays, HSBC, Lloyds, NatWest, Santander UK and the London Stock Exchange Group on Tuesday morning