Barclays and Legal & General under fire for investing billions in arms companies March 4, 2024 Barclays and Legal & General have come under scrutiny for being among the top 10 major European investors in arms companies, both investing billions in the sector every year.
ECB ‘in no rush’ to cut interest rates as markets hunt for signs of a pivot March 3, 2024 Having hiked interest rates to their highest levels in more than two decades, the ECB is now considering when to start easing the pressure on households and businesses.
Pro-Palestine protests planned following PM’s extremism warning March 2, 2024 Pro-Palestine protests are set to continue across the country on Saturday following Rishi Sunak’s warning that democracy is being targeted by extremists.
Spring Budget 2024: Hunt set to unveil Natwest government share sale aiming to raise up to £4bn February 29, 2024 Chancellor Jeremy Hunt is set to unveil more details on the government's plan to sell its shares in Natwest to retail investors at next week's Spring Budget, alongside wider reforms to boost UK capital markets activity.
Metro Bank brings in Barclays executive as new CFO amid major restructuring February 29, 2024 Metro Bank has appointed Barclays executive Marc Page as its new chief financial officer as the lender undergoes a major restructuring designed to shore up its balance sheet.
Divestment Campaigning: From Risk to Opportunity February 28, 2024 In the eyes of activists, investor power comes with investor responsibility. Recent prominent policy announcements such as Barclays’ commitment on fossil fuel finance demonstrate the power of divestment campaigning to influence financial institutions’ policies. The NGO view of financial institutions as active enablers is now well established, and if your institution is not being hit yet, it [...]
More than 140,000 small business accounts were ‘debanked’ last year February 27, 2024 Big banks closed just under 142,000 small business accounts last year, according to the Treasury watchdog, as MPs scrutinise lenders' approaches to "debanking".
Citi’s investment banking market share drops to lowest level since 2000 February 27, 2024 Citigroup's share in the global investment banking market fell to its lowest level on record last year, according to new data, as investors demand for the bank to catch up to its Wall Street rivals.
The Very Group: Barclay family-owned retail giant welcomes £125m injection as it falls to half-year loss February 27, 2024 The Very Group, the retail giant owned by the billionaire Barclay family, has secured a £125m investment as it fell to a half-year loss.
Getting with the times! 80 per cent of 85–95-year-olds now pay with contactless February 27, 2024 A record 93.4 per cent of all in-store card transactions up to £100 were made using contactless , according to a new study by Barclays, as the payment method traditionally used by youngsters goes mainstream.