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The Latest Breaking News from Barclays

Barclays Faces Money-Laundering Investigation

It acknowledged that watchdog Financial Conduct Authority is examining whether the bank's UK division had broken any laws by being too lax

International Business Times

Fall for FTSE after BAT, Unilever and Barclays updates underwhelm

The FTSE 100 finished 42.72 points, or 0.49%, lower to end the day at 8,764.72.

Evening Standard

Mortgage wars kick-off as banks launch sub-4% deals

More sub-4 per cent mortgages have started appearing on the market from Thursday

The Independent UK

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More sub-4% mortgage rates available from Thursday

The new deals were a positive sign that competition in the market was heating up, experts said.

Evening Standard

Barclays hands out more in staff bonuses while boss’s pay more than doubles

The bank said it wanted to reward staff for a stronger financial performance and for making progress on its three-year strategy overhaul.

The Independent UK

Barclays to hand share award to staff after yearly profit surges by a quarter

The banking group will be handing out share awards worth £500 to the vast majority of its staff following the financial performance.

Evening Standard

Barclays to hand share award worth £500 to staff after yearly profits surge by a quarter

The banking group will be handing out share awards worth £500 to the vast majority of its staff following the financial performance.

The Independent UK

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Pay of Barclays CEO more than doubles to £10.5m as profits soar

Other top performers at group share £1.9bn bonus pool while 90,000 employees awarded £500 each in shares

The Guardian - UK

Barclays boss sees total pay package double to more than £10 million

Pay bonanza comes as high street bank profits rose by a quarter to £8.1 billion in 2024

Evening Standard

Barclays profit leaps by a quarter as investment activity booms

The bank reported a pre-tax profit of £8.1 billion for 2024, a 24% leap from the £6.6 billion profit generated over 2023.

Evening Standard

Mortgage market cheered by return of sub 4% fixed rate deals from Barclays and Santander

The return of stability in the City’s money markets has allowed lenders to offer cheaper mortgage deals

Evening Standard

HSBC online and mobile banking working again after service outage

It follows recent outages at other major banks in recent weeks.

Evening Standard

HSBC hit by outage as users complain of being unable to log on

It follows recent outages at other major banks in recent weeks.

The Independent UK

Rachel Reeves Slammed as ‘Clueless’ Chancellor in Brutal Expert Verdict

In a stinging critique of current economic policy, leading financial experts have lambasted Chancellor Rachel Reeves for what they describe as a lack of vision and substance.

The Fashion Central

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The Guardian - UK

UK shoppers inspired by health food trends on social media ‘lift retail sales’

Year-on-year credit and debit card spending in January is highest upsurge since March 2024, says Barclays

The Independent UK

January sales give retail stores their strongest growth in almost two years

Total retail sales across the UK increased by 2.6% year on year in January, according to the British Retail Consortium (BRC) and KPMG.

Evening Standard

MPs quiz bank bosses over scale of IT failures after Barclays outage

The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and Nationwide on Monday.

The Guardian - UK

Will the bonus bubbly still flow as reality bites for British banks?

Job losses, shakeups and the motor finance commission scandal will cast a shadow over lenders when they start reporting results this week

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Evening Standard

Bank shareholders eye returns as Barclays and NatWest report

Shares in both firms have more than doubled over the past year, with Barclays up 111% and NatWest 105% higher.

MarketBeat

Cirrus Logic Upgraded After Q3 Earnings Beat—More Gains Ahead?

Cirrus Logic reported Q3 revenue of $555.7 million, surpassing analyst expectations of $510 million. Non-GAAP EPS was $2.51, compared to the projected $2.04.

The Independent UK

Lloyds and Halifax down as customers unable to access online banking and app accounts

Lloyds, Halifax and the Bank of Scotland are having major problems with their apps and online banking, leaving customers unable to see their money.

International Business Times UK

Furious Customers Slam Barclays For Leaving Brits Unable To Pay Bills And Buy Groceries

Barclays suffered a major IT outage, leaving customers stranded, unable to access funds, pay bills (including rent and taxes), or even buy food.

The Guardian - UK

Barclays says IT glitch that locked customers out of accounts is fixed

Fault caused major problems with payments for two days and reportedly disrupted house moves

The Independent UK

Barclays services back to normal after technical issue

Delayed payments have now been processed after the bank was hit by an outage over the weekend

Evening Standard

Barclays says services are back to normal after technical issue ‘resolved’

The bank said the issue had been resolved on Sunday morning and delayed payments processed.

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