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The Latest Breaking News from Barclays

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

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

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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

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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

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 Guardian - 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.

The Independent UK

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.

Evening Standard

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

The Guardian - UK

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.

Evening Standard

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.

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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

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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.

The Independent UK

Barclays customers faces third day of disruption

It is understood the problem has been caused by a technical issue

The Independent UK

Barclays outage continues as customers face third day of disruption

The bank said it has been tackling ‘ongoing technical issues’ since Friday

Evening Standard

Barclays customers face third day of banking chaos as IT outage drags on

The bank said it has been tackling ‘ongoing technical issues’ since Friday.

Evening Standard

Disruption to Barclays services likely to continue following IT issues

The bank has warned some people may see an outdated balance, and payments made or received may not show following the initial IT outage on Friday.

Evening Standard

Barclays technical issues continue more than 24 hours on from initial outage

Barclays has been experiencing technical issues since Friday with customers unable to make payments or see updated balances.

Evening Standard

Civil servant and family ‘homeless’ after Barclays IT issue halts house purchase

Paola Mereu, 39, sold the house her and her husband and their daughters lived in at Uxbridge and were meant to buy their new home on Friday.

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