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The Latest Breaking News from Barclays

UK banks urged to ‘accelerate’ savings rates by financial regulator

FCA tells NatWest, Lloyds, HSBC and Barclays to act more quickly to support consumers after profiteering claims

The Guardian - UK

Some people can get £2,000 to pay for energy-efficient home improvements

It comes after a year of surging energy bills for cash-strapped households across the UK

Wales Online

Barclays extends scheme paying homeowners up to £2,000 for energy improvements

Research from the bank shows 69% of Britons say they have made small changes to reduce their gas and electricity consumption.

The Independent UK

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RBS and Natwest announce closure of 36 branches across UK - check the full list

NatWest will close 34 additional branches between September 2023 and July 2024, with their sister bank, RBS, shutting down two more branches by November this year.

Daily Record

Natwest and RBS announce 36 branches to close - full list

Move means many communities will lose their access to high street banking

Nottingham Post

Banks warned over financing of Rosebank's developer

A decision on the potential approval of the controversial oil field off Shetland is expected imminently

Insider UK

Barclays supplies £95.5 million loan to Scottish offshore wind farm

Moray West is expected to power up to 1.33 million households every year once the project completes in 2025

Insider UK

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Bankers summoned to watchdog as savings rates trail mortgage costs

The chief executives of HSBC, NatWest, Lloyds and Barclays are expected before the Financial Conduct Authority.

The Independent UK

Wimbledon: Emma Thompson among celebrities calling for end to Barclays sponsorship

Letter objects to bank sponsoring the tennis tournament on climate grounds

The Independent UK

Disney Signs Barclays as Wimbledon Presenting Sponsor

British celebrities criticize bank

Broadcasting & Cable

MPs accuse banks of ‘blatant profiteering’ as savings rates remain low

Commons Treasury committee writes to four largest banks, saying they risk falling foul of incoming City rules

The Guardian - UK

Emma Thompson joins celebs fuming at Wimbledon change after switch-up this year

Emma Thompson has signed a letter to the CEO of Wimbledon objecting to one of its sponsors ahead of the tennis tournament kicking off in South West London today

Daily Mirror

Celebrities call on Wimbledon to drop Barclays sponsorship

Richard Curtis, Emma Thompson and others say bank is ‘financing and profiting from climate chaos’

The Guardian - UK

Mortgage charter: which lenders have signed up and how can it help you?

Homeowners could be allowed to pay interest-only or extend their term under a new package of support measures announced by the government

Evening Standard

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WEKU

He lost $340,000 to a crypto scam. Such cases are on the rise

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

Daily Mirror

Lavish homes of fatcat bank bosses tackling mortgage crisis - including £12k treehouse

Top bankers advising on the home loan crunch have been revealed as multi-million pound homeowners with no mortgages and 'woodland-type' gardens, while many families struggle to make ends meet.

The Guardian - UK

Why are UK banks taking so long to pass higher interest rates on to savers?

Delay is under intense scrutiny from City watchdog – but it may not be simple profiteering

Evening Standard

Chancellor Jeremy Hunt announces more flexibility for struggling mortgage holders

Mortgage holders allowed to switch to interest-only for six months without impacting credit score

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news in one place.

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Fortune

Tesla stock has soared over 140% this year—but a bullish analyst just downgraded it, saying investors are 'dismissing' some 'fundamental' near-term challenges

Barclays' senior autos analyst Dan Levy is still a Tesla bull, but he fears margin issues could lead to near-term issues.

Birmingham Post

Nationwide promises to keep high street branches open until 2026

The Swindon-headquartered building society has 605 branches across the country

The Guardian - UK

There’s only one way to tackle Britain’s mortgage meltdown – get the banks to cough up

The big five owe the public for the 2008 bailout – and they are taking in enormous profits while many homeowners and renters struggle, says former chancellor John McDonnell

Birmingham Post

Urban Splash fund strikes deal worth up to £40m with Barclays

Over the last year, the fund has expanded its portfolio by more than 30%

Ideal Home

100% mortgages versus 95% mortgages: which is better for first time buyers?

We compare the pros and cons of the mortgage options available to those struggling to save a sizeable deposit

Daily Mirror

Barclays is shutting 14 more bank branches this year - see if your local is closing

The latest wave of closures from Barclays will see 13 bank branches shut in England and one in Scotland, while no branches in Wales or Northern Ireland are affected this time

The Guardian - UK

Battle in the Channel: seigneur of Sark takes on Barclay dynasty

Christopher Beaumont is attempting to buy up abandoned hotels and other buildings owned by Telegraph billionaires

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