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The Latest Breaking News from Barclays

Former Barclays CEO ‘rolled the dice’ on misleading regulator, tribunal hears

The hearing is due to conclude on Thursday, with a ruling expected at a later date.

The Independent UK

More than £1 trillion worth of card transactions made in 2024, says UK Finance

The average contactless transaction last year was for £15.86, UK Finance said.

Evening Standard

Barclays saw contactless spending hit record level in 2024

The average contactless purchase was for £16.10 and the average person used the technology 236 times last year, according to Barclays.

The Independent UK

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Alarm over tariffs sends Australian shares $42b lower

Australian shares are heading towards a second straight quarter of losses for the first time since 2022 as incoming tariffs increase the risk of a US recession.

AAP

Six in 10 people will spend on ‘bucket list’ dream activities in 2025 – survey

Nearly half of people are planning to spend more on experiences this year and some will cut back on other spending to do so, according to Mastercard.

Evening Standard

UK ministers and officials treated to hospitality 3,500 times in five years, study finds

Some of firms providing meals and tickets also among those to secure most meetings in key departments

The Guardian - UK

Fraud warning for people planning to declutter this spring

Barclays said scammers are exploiting trust between buyers and sellers using online marketplaces.

The Independent UK

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Surprise sponsor 'in talks' with the Premier League over multi-million pound deal: report

A brand-new Premier League partner could be announced before the end of the season

FourFourTwo

School ‘very sad’ to remove former Russian minister’s children due to sanctions

Dmitrii Ovsiannikov, 48, the former mayor of Sevastopol in illegally annexed Crimea, is facing seven counts of circumventing sanctions.

Evening Standard

Super Micro's International Presence Makes It a Winning Stock

Super Micro Computer Stock is giving investors another reason to look at it, despite being the center of drama and volatility all throughout 2024.

MarketBeat

Bombshells and revelations: how the Jes Staley evidence unfolded

Ex-Barclays CEO’s admission that he had sex with Jeffrey Epstein employee is among details to emerge in court

The Guardian - UK

Ex-Barclays boss claims his marriage is at risk after admitting in court to sex with Epstein employee

Jes Staley’s lawyer said disclosure resulted in ‘public humiliation’ during attempt to overturn FCA ruling barring him from City

The Guardian - UK

Jes Staley admits having sex with Jeffrey Epstein staff member at paedophile's brother's New York apartment

Ex-Barclays boss said he was introduced to the woman by Jeffrey Epstein, the encounter was consensual and that ‘she was a part of his staff as I recall’

Evening Standard

Ex-Barclays boss Jes Staley admits having sex with member of Jeffrey Epstein staff

Testimony comes during combative day of cross-examination which also highlighted messages involving Prince Andrew

The Guardian - UK

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Evening Standard

Staley sent client information to Epstein while at JP Morgan, tribunal told

Jes Staley is taking legal action against the Financial Conduct Authority at the Upper Tribunal in London.

The Guardian - UK

Staley pushed JP Morgan to keep Epstein as client despite human trafficking concerns, court hears

Former Barclays boss told Jeffrey Epstein suspicious withdrawals from his account were being investigated

The Guardian - UK

Valentine’s Day proves a gift for UK retailers, as consumers hold back on big-ticket items

Jewellery purchases linked to 14 February give lift to otherwise lacklustre month, British Retail Consortium says

The Independent UK

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.

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BANG Premier

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.

The Guardian - UK

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

Evening Standard

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.

The Guardian - UK

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’

Evening Standard

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

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.

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