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The Latest Breaking News from Barclays

Branching out: why banks are back on the British high street

In towns such as Northampton, in-person help with finances is a promise many customers still depend upon

The Guardian - UK

‘Cost-conscious’ shoppers set to spend £3.6bn in Boxing Day sales – survey

Seven in 10 people surveyed said cost pressures were affecting their spending, Barclays said.

Evening Standard

FTSE fails to sparkle in tame pre-holiday trade

BP closed down 0.4% after announcing the sale of a 65% stake in its lubricants business Castrol.

Evening Standard

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Jes Staley and Larry Summers made executors of Jeffrey Epstein’s estate, files reveal

Former Barclays boss and ex-US Treasury secretary named in versions of will of convicted child sex offender

The Guardian - UK

£100 contactless card payment limit to be scrapped

The new rule changes will come into effect from 19 March

The Independent UK

Firms could set own contactless card limits under changes planned by regulator

The Financial Conduct Authority’s rule changes will take effect from March 19.

Evening Standard

UN distances itself from International Women’s Day website winning corporate partnerships

Sainsbury’s, Barclays and University College London have all drawn on themes created by IWD site run by London business with no link to UN

The Guardian - UK

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How Big Data Pipelines Can Protect High-Value Financial Transactions: Senior Data Engineer Weighs In

For many specialists in the field, there is little doubt that new technological advances have been boosting organizational markets year after year.

inkl

‘Bank of mum and dad’ funding multiple moves up property ladder, survey finds

Family members and friends are often helping to fund people’s steps up the property ladder, a survey indicates.

Evening Standard

New study reveals value of ‘bank of mum and dad’ for home buyers

Young homebuyers are finding it increasingly more difficult to get onto housing ladder

The Independent UK

Stocks Struggle Ahead of November Jobs Report: Stock Market Today

Oracle and Broadcom continued to fall, while market participants looked ahead to Tuesday's jobs report.

Kiplinger

Are You Affected? Fury as Major Banks Axe 311 Branches Ahead of Christmas

Major banks are set to close 311 branches in the run-up to Christmas, triggering anger from customers and campaigners who warn the move will leave communities without vital face-to-face banking services.

International Business Times UK

Nationwide fined £44 million by watchdog after missing Covid fraud ‘red flags’

The building society had inadequate anti-financial crime systems and controls between October 2016 and July 2021, according to the FCA.

Evening Standard

Retail drags on FTSE as stocks drift ahead of US interest rate decision

In London, retailers were a soft feature after a report showed annual UK retail sales growth decelerated in November.

Evening Standard

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The Independent UK

UK shoppers cut back on pre-Christmas spending at fastest rate in almost five years

British consumers have been left concerned by uncertainty around the Budget, high inflation and the cost of living

The Guardian - UK

UK households cut spending at fastest pace in almost five years, says Barclays

Bank reports 1.1% drop in card spending despite Black Friday boost for retailers

Evening Standard

Pre-Budget shopper ‘jitters’ dampen Black Friday sales

Total retail sales across the UK increased by 1.4% year on year in November – the weakest growth in six months, BRC and KPMG figures show.

Barchart

Stocks Pressured by Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.20%. December E-mini S&P futures (ESZ25 ) are down -0.28%, and December...

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news in one place.

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Barchart

Stocks Mixed as Bond Yields Rise

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.33%. December E-mini S&P futures (ESZ25 ) are down -0.03%, and December...

Benzinga

Mastercard To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

The Independent UK

Banks in mortgage war as rates plunge in major boost to buyers

Santander and Nationwide have both dropped rates again in a bid to spark up property moves

Benzinga

Pure Storage Stock Slips Despite Positive Q3 Results

Pure Storage Inc (NYSE:PSTG) shares are trading lower Wednesday despite reporting third-quarter financial results that met earnings expectations and beat revenue estimates, while also raising its full-year guidance.

The Independent UK

FTSE 100 ends flat as bank gains offset weak gold

Elsewhere, UK lenders passed the latest Bank of England stress tests.

Benzinga

Applied Materials To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

Amazon To Rally Around 31%? Here Are 10 Top Analyst Forecasts For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

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