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The Latest Breaking News from Barclays

Valentine’s Day bright spot in otherwise gloomy February for retailers

Jewellery, watches and fragrances sold well thanks to Valentine’s Day, and furniture also returned to growth.

The Independent UK

Elon Musk blames a 'massive cyberattack from Ukraine' for the latest global X outage

Commenting on the latest outage to hit his X social media platform, Elon Musk has blamed a "massive cyberattack from Ukraine" for the blackout.

BANG Premier

Jes Staley tells court that City regulator ‘seeks to destroy’ his reputation over Epstein ties

Ex-Barclays CEO says FCA made ‘no attempt’ to understand his relationship with child sex offender Jeffrey Epstein

The Guardian - UK

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Ex-Barclays boss’ reputation ‘irretrievably damaged’ by City ban, tribunal told

Jes Staley previously said he ‘deeply regrets’ his association with Jeffrey Epstein, whom he described as being ‘professionally fairly close’ to.

Evening Standard

Barclays chair did not ask Staley if he was in touch with Epstein before ruling it out to FCA, court hears

Nigel Higgins agrees with lawyer that some of Staley’s ‘affectionate’ emails might seem ‘odd to an Englishman’

The Guardian - UK

Barclays chairman asked ex-CEO Staley about Epstein links, tribunal told

Nigel Higgins gave evidence at the Upper Tribunal on Monday.

Evening Standard

Excessive mortgage lending rules leave London tenants stuck in the rental trap

The ability for renters to borrow a higher amount than the normal 4.5x income would be hugely beneficial,

Evening Standard

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Barclays says services ‘back up and running’ after online banking outage

The bank said it has resolved an issue which left customers unable to access their online bank accounts.

Evening Standard

Barclays apologises after customers unable to access online accounts

Some Barclays’ customers on social media have said they cannot pay bills or shop.

Evening Standard

Andrew Bailey was accused by Barclays chair of having ‘destroyed’ Jes Staley, court hears

Nigel Higgins asked if FCA would drop investigation into Staley’s relationship with Epstein if CEO quit

The Guardian - UK

Bank of England head had ‘clear impression’ that Staley was ‘close’ to Epstein

Andrew Bailey, who was chief executive of the Financial Conduct Authority from 2016 to 2020, appeared at the Upper Tribunal in London on Friday.

Evening Standard

Ex-Barclays boss had ‘close relationship’ with paedophile Jeffrey Epstein, according to Bank of England governor

The governor of the Bank of England Andrew Bailey gave evidence about Jes Staley’s relationship with Epstein

The Independent UK

Santander's IT Nightmare: Outage Leaves Customers Without Funds—Can You Claim Compensation?

Santander users are experiencing major challenges using their debit and credit cards, as well as transfering money. Downdetector reports that this is an ongoing, global issue.

International Business Times UK

FTSE 100 drops further amid ongoing US tariff uncertainty

London’s top stock index lagged behind European counterparts for a second day running, continuing its drop from recent record highs.

Evening Standard

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The Guardian - UK

Bank and building society users hit by 33 days of outages in two years, say MPs

Treasury committee finds disruption a result of 158 IT incidents affecting millions of customers

The Independent UK

Barclays could pay up to £12.5m in compensation to customers hit by tech outages

Customers were affected across pay day this year by tech outages at banks

Evening Standard

Barclays to pay up to £12.5m in compensation to customers hit by outages

There has been more than 33 days’ worth of unplanned tech and system outages in the last two years for nine of the UK’s biggest lenders.

The Guardian - UK

Barclays chair told FCA Staley ‘had no particular relationship’ with Epstein, court hears

Nigel Higgins said to have given assurances about CEO days after child sex offender Jeffrey Epstein’s death in 2019

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Fortune

Trump tariffs could 'wipe out' profits for GM, Stellantis and Ford, says analyst, and not even Tesla is entirely safe

If left in place, such high import duties would make Detroit's North American-centric business structurally unprofitable, warns Barclays investment bank.

The Guardian - UK

Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told

‘Project Jes’ planned to target high-level figures including George Osborne and Mervyn King, emails suggest

Evening Standard

Ex-Barclays chief did not mislead FCA over Epstein relationship, tribunal told

Jes Staley is challenging the regulator’s previous findings.

The Independent UK

Ex-Barclays chief described Jeffrey Epstein as one of his ‘most cherished’ friends, tribunal hears

Jes Staley insists he did not mislead the Financial Conduct Authority over his relationship with Jeffrey Epstein

Evening Standard

Barclays to reduce mortgage rates from Tuesday including five-year deal at 3.96%

The lender said it would reduce some of the rates it was offering by up to 0.48 percentage points.

The Independent UK

Major bank to reduce mortgage rates from Tuesday including five-year deal at 3.96%

The lender said it would reduce some of the rates it was offering by up to 0.48 percentage points

The Guardian - UK

Jes Staley received images of ‘mature women’ from Jeffrey Epstein, court hears

Lawyers for ex-Barclays CEO challenging FCA ban argue pictures were ‘innocuous’

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