Barclays embarks on biggest shake-up since financial crisis after difficult decade February 20, 2024 Barclays has sought to draw a line under a difficult decade with a marathon investor presentation laying out a three-year plan to restructure the bank.
Barclays chief CS Venkat: ‘We are creating a simpler, better, more balanced bank’ February 20, 2024 Barclays chief executive CS "Venkat" Venkatakrishnan has announced that the bank will become "simpler, better and more balanced" in a much-anticipated update on its restructuring plans.
Barclays plans to return £10bn to shareholders and cut £2bn in costs by 2026 February 20, 2024 Barclays has unveiled a drop in annual profits as the bank undergoes a sweeping restructuring designed to save £2bn in costs and return £10bn to shareholders by 2026.
Gen-Z needs more digital skills says tech secretary February 20, 2024 Digital skills are crucial for the UK's workforce and the duty to educate lies partly with big tech companies, Michelle Donelan has said.
FTSE 100 close: Strong Barclays results fails to lift London due to China concerns February 20, 2024 Caution gripped the air as investors continued to fret over the prospects of the world's second largest economy.
FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar February 16, 2024 "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.
Abu-Dhabi backed RedBird IMI makes £1bn swoop on another London media company, All3Media February 16, 2024 Investment fund RedBird IMI is set to snap up British TV and film production company All3Media just months after pouncing on the Telegraph.
Close Brothers faces uncertain future as FCA motor finance probe sparks crisis February 15, 2024 Close Brothers shares collapsed on Thursday after it cancelled its dividend for the current financial year and announced that 2025 payouts would be placed under review amid a City watchdog probe into motor finance - a major part of its business model.
Barclays reportedly considering bid for Societe Generale’s UK private bank February 15, 2024 Barclays is reportedly weighing up a bid for Societe Generale’s UK private bank as part of efforts to diversify its business model.
Cost of love: Brits opt to dine in and scale back as flower prices soar this Valentine’s Day February 14, 2024 The price of a bouquet of roses has shot up around four per cent if you look at Wednesday’s inflation reading.