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The Latest Breaking News from Barclays

‘I lost £240,000’: UK fraud victims share their stories

Scammers stole more than £1.2bn from UK consumers in 2022. We speak to victims of fraud – and give tips to avoid being duped

The Guardian - UK

Exclusive: The banks that funded Elon Musk’s $44 billion Twitter deal may have a ‘sell-down letter’ to prevent them from breaking ranks

Morgan Stanley, Barclays, and Bank of America have agreed to what's known as a joint "sell-down letter," which prevents any member of the pact from selling off their X debt on the cheap without including the other members.

Fortune

JPMorgan’s top strategist warns stocks could be about to plummet 20%. ‘I’m not sure how we’re going to avoid’ a recession

“The upside versus downside in stocks is not that great,” according to Marko Kolanovic.

Fortune

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Six high-street banks given ‘red’ warning over eco policies, Which? reveals

JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.

The Independent UK

Behind the scenes takes from Day 1 of the biggest trial in business

Fortune reporter Ben Weiss details the beginning’s of Sam Bankman-Fried’s criminal trial.

Fortune

Weight-loss drugs like Ozempic have so much promise a major bank is telling investors to short junk food stocks

Barclays strategists expect "disruption into a number of industries," thanks to drugs like Novo Nordisk's Ozempic and Wegovy.

Fortune

7 ski insurance options to cover you on the slopes

From annual insurance to one-trip coverage, these policies offer protection when on the snow

The Independent UK

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Tesla Wages To Go Up In The Wake Of UAW Strike, Barclays Predicts

Barclays analyst Dan Levy said Tesla workers' wages would probably rise if the UAW strikes a deal with Ford, General Motors, and Stellantis.

InsideEVs

Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016

The Guardian - UK

Union slams ‘unnecessary and unjustified’ decision as Barclays set to cut more than 450 jobs

The cuts represent around 1% of Barclays’ UK workforce

Evening Standard

Jamie Dimon isn’t ready to feel good about the economy yet: ‘We’ve been spending money like drunken sailors’

"I think the uncertainties out in front of us is still very large and very dangerous."

Fortune

Barclays seeks climate director after protests over fossil fuel finance

Communications role follows year in which campaigners targeted bank over environmental stance

The Guardian - UK

Weakness in Apple Weighs on Tech Stocks and Drags Broader Marker Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.73%. Stocks on Thursday settled mixed, with the S&P 500...

Barchart

Daily Mail owner looks to Middle Eastern backers over Telegraph bid

Lord Rothermere is second potential suitor to turn to oil-rich region for financial support

The Guardian - UK

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Barchart

Stocks Lower as Weakness in Apple Weighs on Tech Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. Stock indexes this morning are mostly lower, with the...

Evening Standard

Consumers call out ‘skimpflation’ across supermarket food and drink quality

More than half of shoppers have noticed that ‘skimpflation’ has lowered the quality of some supermarket food and drink products, a poll suggests

The Guardian - UK

Oil hits $90 per barrel as Saudi Arabia and Russia extend production cuts; UK business activity falls – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits its highest level of 2023

The Independent UK

Supermarket food and drink quality is worsening, say shoppers

More than half of shoppers have noticed that ‘skimpflation’ has lowered the quality of some supermarket food and drink products, a poll suggests.

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news in one place.

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The Guardian - UK

Retailers look on sunny side as holidaymakers splash out

Sales of health and beauty products help high street stores bounce back after a disappointing start to the summer

The Independent UK

Consumers call out ‘skimpflation’ in quality of supermarket food and drink

More than half of shoppers have noticed that ‘skimpflation’ has lowered the quality of some supermarket food and drink products, a poll suggests.

Fortune

Want to earn more on your savings with a global bank? Barclays’ CDs and high-yield savings accounts have APYs that top 4%.

While Barclays has limited account options, they post above-average rates on deposit products like savings and CD accounts.

Evening Standard

Climate protesters disrupt Romeo and Juliet at Sadler’s Wells

Climate activists interrupted a performance of Romeo and Juliet at Sadler’s Wells theatre last night, demanding an end to its partnership with Barclays.

The Guardian - UK

Nadhim Zahawi in line to become chair of Telegraph titles, say reports

MP said to be brokering deal between UAE investors and Barclay family as former owners attempt to regain control of media group

Evening Standard

Barclays cuts mortgage prices again despite higher gilt yields

The bank is cutting mortgage prices for 52 products

The Guardian - UK

Barclay family aim to regain Telegraph control with UAE backing – report

Family are said to have secured investment from anonymous backers based in Abu Dhabi

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