Barclays teams up with Whitehall in bid to boost UK exports June 14, 2022 Barclays has agreed to a five-year partnership with the UK’s Department of International Trade, with the multinational bank tasked with helping boost British exports. Barclays will create a “Small Business High Value Exporters Pilot programme” for British businesses and conduct a series of roundtables with the department to help provide advice on selling overseas. The new [...]
FTSE 100 close: London index breaches 8,000 mark for first time ever despite Barclays tumbling February 15, 2023 London’s FTSE 100 today breached the 8,000 point mark for the first time ever despite Britain’s biggest banks tanking after Barclays posted a big profits drop. Today’s move higher crystalises the premier index’s bullish start to 2023 that has seen it surged more than seven per cent. The new year rally builds on advances that [...]
Mark Kleinman: Why Barclays’ £1bn Telegraph bid won’t be the last word, Alison Rose’s next move and why no one wants to be chair of the BBC October 19, 2023 The must-read column from the man in the know, City Editor at Sky Mark Kleinman Barclays’s £1bn Telegraph bid not the last word Hold the front page: the Barclay family’s effort to lodge a knockout bid for The Daily Telegraph was timed like the arrival of a blockbuster newspaper story minutes before the final edition, [...]
Barclays promotes Wright and brings in ex- Credit Suisse dealmaker Deasy to co-head its investment banking division January 25, 2023 Barclays has appointed Taylor Wright and Cathal Deasy as new co-heads of investment banking yesterday. Wright and Deasy will jointly manage the business and will be tasked with “deepening client relationships and dealmaking efforts around the world”. They will replace John Miller and Jean-Francois Astier and report to Paul Compton, global head of Barclays’ corporate [...]
Tech Nation ‘working round clock to secure future’ after Govt strips it of £12m contract and awards it to Barclays January 20, 2023 Start-up body Tech Nation said it is facing an existential crisis and was scrambling to secure funding for its future today, after the government stripped it of a major £12m government contract and handed it to Barclays. The Department for Culture, Media and Sport (DCMS) confirmed it had handed the new tech deal to Barclays [...]
Klarna boss slams Barclays for ‘mind boggling’ and ‘irresponsible’ BNPL research June 23, 2022 Klarna’s UK boss has hit out at Barclays today for publishing what he called “mind-boggling” and “irresponsible” research exploring mounting buy-now pay-later debt levels in the UK. Barclays Partner Finance – a division of the bank which offers its own regulated buy-now pay-later-style financing product – issued research today alongside debt charity StepChange warning that [...]
Yorkshire Building Society snaps up Susan Allen from Barclays to be new CEO August 30, 2022 Yorkshire Building Society has appointed Susan Allen as its new Chief Executive, poaching her from Barclays.
Barclays calls on retailers to help stop mounting BNPL debt crisis June 23, 2022 Barclays has sounded the alarm over rising buy-now pay-later debt today and called on retailers to step up and protect shoppers, warning that 876,000 Brits could be plunged into unmanageable debt this year without intervention.
Barclays told to pay £1m to more than 1,000 mortgage customers over PPI breaches November 9, 2022 The UK’s competitions watchdog has ordered Barclays to pay up to £1m in compensation to at least 1,000 of its mortgage customers, over its failure to comply with rules around Payment Protection Insurance (PPI) policies. The UK’s Competition and Markets Authority (CMA) said Barclays should pay compensation to as many 1,306 of its mortgage customers, [...]
Barclays reports surge in scammers targeting customers February 15, 2022 Barclays has reported a surge in scammers trying to con its customers out of cash as it warned the public today to remain vigilant to the tricks deployed by fraudsters.