FTSE 100 close: London index muted as Barclays and Lloyds Bank give up early gains April 20, 2023 London’s FTSE 100 was muted today as investors ditched mining giants, curbing the sector’s recent rally, while high street banks gave up strong early gains. The capital’s premier index edged 0.01 per cent high to 7,899.48 points, while the domestically-focused mid-cap FTSE 250 index, which is more responsive to sentiment toward the UK economy, nipped [...]
Sir Frederick Barclay facing next round of High Court divorce fight with ex wife March 6, 2023 Retired businessman Sir Frederick Barclay is to face the next round of a High Court fight over money with his ex-wife. A judge ordered Sir Frederick, 88, to hand Lady Hiroko Barclay, 80, lump sums totalling £100 million in May 2021 following the breakdown of their 34-year marriage. Sir Jonathan Cohen said at the time [...]
Barclays slapped with £8.4m fine over card payment failings December 1, 2022 Barclays has been slapped with an £8.4m fine from the payments regulator today after failing to comply with rules governing the cost of card transactions with retailers.
Sir Frederick Barclay’s ex-wife ‘astonished’ over £1m legal spending, court told May 16, 2023 A barrister representing Sir Frederick Barclay’s ex-wife has expressed astonishment at the amount spent on the retired businessman’s lawyers. Sir Frederick, 88, and Lady Hiroko Barclay, who is also in her 80s, are featuring in the latest stage of a fight over money at a hearing in the Family Division of the High Court in [...]
‘Substantial reduction’ in bonuses at Deutsche Bank and Barclays as fallout from WhatsApp scandal continues February 16, 2023 Deutsche Bank and Barclays have both cut bonuses for senior staff that inappropriately used WhatsApp as the fallout from an industry-wide crackdown on the use of private messaging services continues. According to Bloomberg, employees at Deutsche Bank who were found to be in severe breach of policies will see a “substantial reduction” in their bonus. [...]
The Apprentice is back tonight: Meet the candidates, from the cannon-firer to former Barclays banker January 5, 2023 The candidates for the next season of BBC show The Apprentice have been announced, with a former Barclays banker among those hoping to entice Lord Alan Sugar to invest £250,000 in their business idea. Now in its 17th season, the show, which sees contestants complete tasks in order to demonstrate their entrepreneurial prowess, has launched [...]
FTSE 100 close: Deutsche Bank surges while Barclays and HSBC yank London index higher March 27, 2023 London’s FTSE 100 kicked off the week in upbeat style, yanked higher by UK banking giants Barclays and Lloyds racking up gains. The capital’s premier index jumped 0.9 per cent to 7,471.78 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.19 per cent [...]
FTSE 100 close: Barclays and NatWest rise on London index as stalling house prices knock builders May 9, 2023 London’s FTSE 100 kick started a fresh week down today, with Britain’s biggest home builders sliding after new figures showed house price growth has stalled. The capital’s premier index nudged 0.18 per cent lower to 7,764.10 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Six high-street banks including Santander, Barclays, HSBC, NatWest and Lloyds given ‘red’ warning over eco policies October 5, 2023 Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to tackling climate change. JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were exposed for having too weak green credentials. Just three of the UK’s [...]
FTSE 100 close: Credit Suisse turmoil eases as Barclays and NatWest claw back losses March 21, 2023 London’s FTSE 100 today shook off market turmoil sparked by UBS saving Credit Suisse, with the UK’s largest lenders, such as Barclays and NatWest, soaring to the top of the index. The capital’s premier index surged nearly two per cent to 7,536.23 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with [...]