Telegraph board flags ‘financial irregularities’ to government December 19, 2023 The Telegraph's interim board directors have flagged historical issues in the company's accounts to the government.
Cambridge University reportedly looking to drop Barclays for ‘greener’ bank December 17, 2023 Cambridge University is reportedly considering ending its more than 200-year relationship with Barclays due to the bank's financing of fossil fuels.
From branch closures to ‘debanking’ – Which bank faces the highest number of complaints? December 10, 2023 The UK's high street lenders have faced a tsunami of complaints this year from concerns about branch closures to customer service. But which bank faces the most complaints?
Barclays shares drop after Qatar slashes stake December 5, 2023 Shares in Barclays fell as much as 4.5 per cent in London on Tuesday morning after Qatar's sovereign wealth fund cut its stake in the bank by half.
Barclays planning 900 layoffs in Britain to cut costs, union claims November 28, 2023 Barclays is planning to cut 900 roles in Britain by the new year, according to employee union Unite, as the bank seeks to reduce costs.
Boost for Britain as businesses commit to invest £30bn in UK November 27, 2023 Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.
Europe’s £10bn cum-ex tax scandal set to rumble Square Mile after key ruling November 13, 2023 Banks and investors in the Square Mile are set to be hit with more claims over Europe's biggest ever tax scam following a key ruling last week.
UK climate group secures £3m investment from Barclays November 6, 2023 The cash injection was provided by Barclays Sustainable Impact Capital, a programme set up by the bank to invest £500m in startups by 2027.
Banks face tougher competition as profits boost from higher rates fades October 30, 2023 The UK’s major listed banks have warned that the tailwind from high interest rates that has driven bumper profits over the past year is coming to an end as lenders compete to offer better deals to customers. Barclays, Lloyds, NatWest, Standard Chartered and Santander reported third-quarter earnings last week, while HSBC released its results today. [...]
Fierce mortgage competition to weigh on banks’ margins, warn brokers October 25, 2023 Mortgage profitability is a key focus for investors as lenders have significantly reduced rates in recent months.