Swiftonomics strikes with Eras Tour set to spark £1bn spending binge May 15, 2024 When the tickets were released last July, ticket sales sparked a 15.8 per cent increase in UK spending on entertainment.
Barclays opens door to bigger bonuses as it eyes investment bank rebound May 9, 2024 Barclays shareholders have waved through a proposal paving the way for it to award bigger bonuses to its top UK bankers as the lender reiterated confidence in its dealmaking arm.
Barclays chair says ‘plenty of evidence’ it will meet climate targets as protesters removed from AGM May 9, 2024 Barclays' chair has defended its record on climate change, saying there is "plenty of concrete evidence" it is on track to meet its financed emissions targets, at a feisty annual meeting that saw a number of protestors removed.
Barclays under fire from shareholders on fracking funding May 9, 2024 Barclays has come under fire from its shareholders, including the Local Authority Pension Fund Forum (LAPFF), for providing financial support to fracking companies.
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations May 2, 2024 Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
Barclays starts to cut hundreds of jobs in cost-saving bid and investment bank shake-up May 1, 2024 Barclays has reportedly started cutting hundreds of roles, including at its investment bank, as the group looks to cut costs and improve its share price.
Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed May 1, 2024 Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud and "unaffordable and irresponsible lending".
Lloyds, HSBC, Barclays and Natwest results show consumer strength amid higher rates April 30, 2024 Barclays, Natwest and Lloyds reported first quarter results last week while HSBC updated investors this morning.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders April 20, 2024 The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Red Engine: Flight Club Darts and Electric Shuffle owner secures £60m boost April 9, 2024 Red Engine, the company behind Flight Club Darts and Electric Shuffle, has agreed a £60m funding boost to help it expand further across the globe.