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The Latest Breaking News from Barclays

Barclays seizes on post-Brexit rules to give bumper bonuses to top bankers

BARCLAYS has become the latest financial giant to allow top bankers the chance to earn eye-watering bonuses as part of a post-Brexit bonanza for fat…

The National (Scotland)

Barclays becomes first UK bank to lift cap on bonuses

Memo to staff reveals dropping of restriction, allowing payouts worth up to 10 times bankers’ salaries

The Guardian - UK

HSBC and Barclays slash five-year fixed mortgage rates to below 4%

Home loan price war is expected to boost the property market in the Autumn

Evening Standard

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Outsmarting scammers: AI and automation take on invoice fraud

AI and automation are essential tools for finance teams as invoice fraud is on the rise.

TechRadar

Big UK banks need to do more to be ready for potential failure, says Bank of England

BoE warns lenders including Barclays and Standard Chartered in effort to prevent social media-driven runs

The Guardian - UK

Bank of England seeks action from Britain's biggest banks on crisis plans

Threadneedle Street eyes lessons to be learned after SVB and Credit Suisse demise

Evening Standard

Warm weather lifts UK retail sales in July but shoppers shun big purchases

Rise in clothing and beauty marks recovery from washout June, says British Retail Consortium

The Guardian - UK

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What can I do about my mortgage now the base rate has been cut?

It was good news for homebuyers as interest rates finally went down. But it has raised a lot of tricky questions for them

The Guardian - UK

UK Finance Worker Steals £75,000 From Dead Clients To Fund Gambling Addiction And Lavish Lifestyle

Casagrande wasn't charged with the financial fraud until after he'd been sent to prison and subsequently released for the drug charges.

International Business Times UK

Credit cards: ‘My spending limit was slashed by 90%’

How much banks will let you borrow can change without warning. One Money writer had theirs cut, while another’s was increased by a quarter

The Guardian - UK

How well is LSEG's tie-up with Barclays going?

I wouldn’t bank on it

Evening Standard

Barclays becomes title sponsor for Scottish Women’s Football leagues

Barclays has become the official title sponsor for the Scottish Women’s Championship and League One.

The National (Scotland)

Bank branch closures, August 2024: full list of UK sites shutting including Lloyds, Halifax and Barclays

A host of big name banks are closing their doors for good at a number of sites around the UK in the coming weeks

Evening Standard

Barclays chief praises Wimbledon bosses for ‘resisting’ calls to drop bank’s sponsorship

UK lender has faced backlash for providing services to climate polluters and defence firms with alleged links to Gaza war

The Guardian - UK

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The Independent UK

APP fraud reimbursement ‘still largely depends on who victims bank with’

The Payment Systems Regulator has published authorised push payment scam reimbursement figures for banks and building societies.

The Independent UK

Latitude 2024 review: CMAT and Future Islands bring the electricity at sun-drenched festival

Chic, Keane and London Grammar also shine at family-friendly weekend in the Suffolk countryside

The Independent UK

Barclays issues romance scam warning after seeing a jump in claims

Men are more likely to report falling victim to a romance scam, but women are more likely to lose more money, according to the bank’s analysis.

The Conversation

Bosses are increasingly forcing workers back into the office – but evidence suggests it could backfire

Tesco, Boots and Barclays have joined the growing number of companies trying to force employees back to the office after several years of remote working that began with the pandemic. They’re likely to be in for a battle.

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The Independent UK

Millions could face delay in getting paid as global IT outage hits payroll software

The IT outage has resulted in queues and delays at airports, disruption to GP services and payment failures in some shops

The Guardian - UK

Mobile banking: alarm as fraudsters take over handsets and raid accounts

Scams underline risks of banking on mobile, with not all lenders prepared to refund victims

The Guardian - UK

Wimbledon official defends Barclays sponsorship deal amid protests

Usama Al-Qassab cited tournament’s ‘very thorough vetting process’ after pro-Palestine and climate protests

The Guardian - UK

Battle resumes to take control of Telegraph – and the Tory soul

After year in ownerless limbo, Conservative party’s bible goes up for sale in second auction next week

Fortune

Deutsche Bank and HSBC are winning Europe’s AI talent war

U.K. banks have expanded their AI talent pools faster than the U.S. and Europe to start 2024.

The Guardian - UK

Retail sales dip in June as UK’s cooler weather and cost of living bite

Clothes, shoes, DIY and gardening perform poorly compared with spending surge during last year’s heatwave

The Guardian - UK

Gaza protest camps at UK universities wind down amid legal action

Of 36 encampments at end of May, around a dozen are still active, as protesters fight to stay

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