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The Latest Breaking News from Barclays

The ‘reformed economist’: who is the new chief tasked with saving the CBI?

Rain Newton-Smith is likely to have a tough job keeping members on board after misconduct scandal

The Guardian - UK

Barclays shutting another 15 bank branches this year - see list of latest closures

The latest list of closures - which will all happen in July - comes on top of the 69 branches that had already been earmarked to shut, meaning 84 Barclays banks will go this year

Daily Mirror

CBI sacks leader after misconduct allegations

Former chief economist Rain Newton-Smith takes top job, after leaving just last month to join Barclays

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

TV subscriptions surge as Britons spend less on groceries and eating out

Spending on digital content and subscriptions was up 4.1% year-on-year in March

Wales Online

UK households turn to TV subscriptions as they cut back on nights out

Consumers reduce spending on groceries, clothes and eating out as they seek to balance budgets

The Guardian - UK

Britons cut back on groceries but spend more on TV subscriptions, figures show

Spending on digital content and subscriptions was up 4.1% – its highest year-on-year rise in five months, Barclays found.

The Independent UK

Suite dreams: how luxury sofa firm Maker&Son left its clients standing

The high-end furniture maker was sold to a buyout specialist last year. Now customers and staff say they are stumbling through a paper trail to recover what they are owed

The Guardian - UK

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Metro Bank risks shareholder revolt over pay increase for top bosses

Glass Lewis urges investors to vote against award, saying 20% hike unjustified given average 5% rise for staff

The Guardian - UK

Jes Staley’s lawyers hit out at ‘slanderous’ attacks by JP Morgan

Allegations that ex-Barclays boss aided sex trafficking operations run by Jeffrey Epstein labelled ‘baseless but serious’

The Guardian - UK

Manchester City earn double Barclays awards for March

City's Shaw and Taylor win Barclays Player and Manager of the Month awards for stunning March performances

Manchester Evening News

Why you should care about bumper bank profits

The Bank of England has raised interest rates 11 times since December 2021 but, while this may boost bank profits, it is less likely to boost many people’s bank balances.

The Conversation

New banking hub locations revealed - is there one near you?

The rise of banking hubs is in response to a stream of local branch closes. With more planned to launch soon, we look at what services they offer and where you can find one

The Money Edit

Tesla deliveries face one big question: Did price cuts work?

Tesla Inc. shares are set to mark their best-ever start to a year, buoyed by price cuts across the electric-vehicle maker’s lineup in a bid to boost sales. Investors will soon discover if all the enthusiasm was justified.

Tribune News Service

Extinction Rebellion protesters return to Cardiff bank minutes after being fined by court for lock-in there

The Extinction Rebellion protesters displayed the message, 'Barclays are the real criminals' outside a Cardiff city centre branch of the bank, while dressed like prisoners

Wales Online

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Barchart

Sell This Unusually Active Tesla Option for April

Wednesday’s unusual options activity produced three interesting Tesla put options expiring at the end of April. All three are attractive but each for very different reasons.

Glasgow Live

Glasgow bank branches 'condemned' by closure including Bank of Scotland and Barclays

Multiple bank branches in and around Glasgow are set to shut down as the number of physical banks continues to fall. This include branches for Bank of Scotland, Royal Bank of Scotland and Barclays.

Manchester Evening News

Plans to turn bank into bedsits compared to 'sardines' - but it's still going ahead

Proposals for the old Barclays branch, in Edgeley, have been approved by Stockport council’s planning committee.

Wales Online

The large Welsh town which is losing its very last bank as Lloyds confirms it's pulling out

The decision has been described as 'disappointing and short-sighted'

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Wales Online

Bank closures announced in 2023 including HSBC, Lloyds and Barclays - full list

More than 5,000 branch closures have been announced since January 2015 by banks and building societies

Chronicle Live

Full list of bank closures across the UK including in the North East - Halifax, HSBC and more

Nationwide, Santander, NatWest, Barclays and Lloyds are also among the banks shutting several branches this year, with Newcastle, North Tyneside, South Tyneside and Durham affected

The Guardian - UK

Barclays says Epstein allegations against ex-boss Jes Staley ‘serious and new’

Bank further distanced itself from its former chief executive who resigned in November 2021

Manchester Evening News

Barclays to close 14 more branches across England and Wales - full list

Locations will shut down across England and Wales as the bank announces a new scheme to meet customer needs

Wales Online

Barclays bank to close more branches across UK - full list

This is the second list of branches earmarked for closure in a matter of weeks

Daily Mirror

Barclays closing 14 more bank branches - see if your local is affected

The latest list of closures will take place in June in another blow for the struggling high street - you can see the full list of affected sites and their exact closing dates below

The Times of India

India’s shrinking current account gap provides a reprieve for rupee

MUMBAI: Economists are lowering their forecasts for India’s current-account shortfall, thanks to favorable trade trends that are proving to be a blessing for the rupee — currently among the worst performers in emerging Asia.

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