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The Latest Breaking News from Barclays

Britons cut back on dining out and buying clothes, Barclays reveals

Annual card spending report says consumers are prioritising travel and nights out and buying value-range groceries amid cost of living crisis

The Guardian - UK

Simply by being herself, Madonna is still challenging stereotypes

The coolest person on earth is a 65-year-old woman, without whom life might be very different and definitely not as fun

The Guardian - US

And the winners of the 2023 awards for worst customer service are …

We celebrate the companies that went the extra mile … to inflate their balance sheets and let down loyal customers

The Guardian - UK

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UK students launch Barclays ‘career boycott’ over bank’s climate policies

Campaign at leading universities such as Oxbridge and UCL warns lender it will miss out on top talent if it finances fossil fuels

The Guardian - UK

UK mortgages: trial to rule on deals that left people with huge debts

Decades after shared appreciation mortgage launch, case brought by law firm due to reach high court

The Guardian - UK

Barclays Predicts May 2024 Rate Cut by BoE

Exciting speculations arise as Barclays predicts a potential rate cut by the Bank of England in May 2024. Stay tuned for some monetary policy maneuvers!

Top News

Cambridge University reportedly could drop Barclays in favour of greener bank

UK lender is a major European funder of oil and gas projects and university has said it does not want to back fossil fuel expansion

The Guardian - UK

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Palestine rallies to take place across Scotland this weekend – see where they are

ACTIVISTS are set to gather at a number of demonstrations across Scotland this weekend to call for a ceasefire in Gaza.

The National (Scotland)

‘Complete disregard’: Charities condemn Barclays over frozen bank accounts

More groups come forward to describe how shutdown suddenly left them unable to pay bills or staff

The Guardian - UK

Charities and churches left in financial disarray after Barclays shuts accounts

A number of community organisations say they were left struggling after bank closed or froze accounts ‘without warning’

The Guardian - UK

Barclay family regains control of Telegraph after Abu Dhabi helps pay debt

Planned takeover still requires government approval despite Lloyds receiving funds owed

The Guardian - UK

Barclay family expected to regain control of Telegraph temporarily

Debt repayment will put group step closer to being controlled by consortium backed by UAE

The Guardian - UK

Barclays offers 90% mortgage with sub-5% interest rate after slashing prices twice in four days

Other lenders to announce cuts today include TSB and Accord

Evening Standard

Barclays axing 900 staff in ‘disgraceful’ pre-Christmas move, says Unite

The banking giant confirmed it was ‘making changes to its headcount’

Evening Standard

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The Guardian - UK

Why is the Telegraph up for sale and who wants to buy it?

Potential buyers include a consortium that has vowed to pay off the current owners’ debts, the Daily Mail owner and a GB News investor

The Guardian - UK

More than 2,500 jobs at risk in Lloyds shake-up

Exclusive: UK’s largest high-street bank preparing review of middle-management roles in response to expected income squeeze

Fortune

Barclays Bank is reportedly axing up to 2,000 jobs as part of a $1.25 billion cost-cutting plan

The British bank's CEO C.S. Venkatakrishnan is under pressure to lift Barclays's shares up after a stormy few years.

The Guardian - UK

Barclays could axe up to 2,000 jobs in £1bn cost-cutting drive

Shake-up expected to affect mainly back office roles in departments such as compliance, HR and legal

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TechRadar

It's Black Friday for hackers too - so watch out for these scams

Online shopping can be dangerous this time of year – NordLayer highlights some key scams to be aware of.

The Guardian - UK

Abu Dhabi-backed fund says it will take control of Telegraph and Spectator

RedBird IMI ‘reaches agreement’ on package of loans to repay debts owed by Barclay family

Evening Standard

Sale of Telegraph Group "still wide open" -- bankers

THE race to land ownership of The Telegraph Group remains wide open City bankers insist in the face of reports that an Abu-Dhabi backed fund is close to taking control.

Evening Standard

March for Palestine: Where are protests taking place in London this weekend?

A dozen pro-Palestine marches are planned across the capital on Saturday

The Guardian - UK

Local action to replace London march for Palestine this week, say organisers

Groups behind ceasefire protests attended by hundreds of thousands say there will be events across UK

Barchart

Stocks Surge as Soft CPI Report Bolsters Speculation Fed Is Done Raising Rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.91%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.13%. Stocks on Tuesday rallied sharply, with the S&P 500...

Barchart

Stocks Soar as Easing U.S. Price Pressures May Keep the Fed Sidelined

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +2.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.17%. Stocks are sharply higher, with the S&P 500 posting...

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Mansour Bin Zayed Al Nahyan

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