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The Latest Breaking News from Barclays

Barclays profits soar past forecasts to reach £2bn on back of rising interest rates

Results will further fuel calls for the government to tax banks’ excess earnings

The Guardian - UK

Sterling rallies to fresh six-week high; UK’s autumn statement delayed to 17 November – as it happened

Fiscal plan will be a ‘full autumn statement,’ chancellor says

The Guardian - UK

FTSE 100 Live: Pound hits six-week high of $1.16; US tech stocks sink

Results from Shell and Lloyds Banking Group today lead a busy session of corporate updates as investors also digest last night’s disappointment from Meta Platforms.

Evening Standard

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Benzinga's Top Ratings Upgrades, Downgrades For October 24, 2022

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'Inspirational' mum clears £21,000 debt in eight months and now has £10,000 'emergency fund'

Ruth Taylor has shared how she wiped the debt with changes to the family lifestyle and innovative ways of earning extra cash

Wales Online

Banks may see higher tax as a price worth paying for economic stability

Third-quarter profits will be subdued, but many lenders will accept a tax raid to boost the public finances (and their own image)

The Guardian - UK

Twitter Rebuffs Elon Musk Layoff Plans Report, Toyota Cuts 2023's Production Target, Vaccine Makers Expect 3x Price Increase In COVID-19 Shot: Top Stories Friday, Oct. 21

Bloomberg

Benzinga

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Barclays could be fined £50m for failing to disclose 2008 Qatari deal

Provisional fine relates to £322m bank paid to Gulf state allegedly in exchange for £4bn investment to save lender from bailout

The Guardian - UK

Barclays facing £50m fine for 'reckless' failures to disclose arrangements with Qatari investors

Bank will take decision to an independent tribunal

Insider UK

Looking At Allstate's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Allstate (NYSE:ALL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 18, 2022

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Bob Diamond’s Panmure launches takeover bid for struggling finnCap as City brokers feel the pinch

Deal for finnCap could be first of many tie-ups for struggling City brokers

Evening Standard

Barclays Eagle Lab Leicester officially opens at De Montfort University

It is one of 34 locations in the Barclays Eagle Lab network of co-working spaces for start-ups and scale-ups

Birmingham Post

Deontay Wilder Victorious! 21st Career First-Round KO Against Robert Helenius

“The Bronze Bomber” now eyes Oleksandr Usyk for the heavyweight championship.

Zenger

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Daily Mirror

Major fire breaks out in central Glasgow as residents urged to shut their windows

Firefighters are tacking a large blaze in Kingston Street, with drivers being warned that there are diversions in place

Daily Record

Huge fire in Glasgow city centre as emergency crews rush to tackle blaze

The Scottish Fire and Rescue Service were called to reports of a fire in the Tradeston area of Glasgow at around 9.55am this morning.

Evening Standard

Best saving accounts as Nationwide launches 8% deal

Although these rates are accurate as of the publication date, offers frequently change

Liverpool Echo

Barclays customers to see huge change to how they get money out

It also means people can withdraw less than £10 at a time

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 10, 2022

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Wales Online

Barclays customers will soon be able to get cashback without making a purchase

Barclays' Cashback Without Purchase service enables a customer to ask for cashback from a retailer using their debit card, without having to buy anything

The Independent UK

Cashback without a purchase service being rolled out by Barclays

Customers of any bank with a Visa or Mastercard debit card will be able to withdraw up to £100 per day, without needing to make a purchase.

The Guardian - UK

The billion-pound battle over Claridge’s hotel from Belfast to Qatar

Credit Suisse set to become latest entity dragged into dispute between former friends

Manchester Evening News

The companies giving cash to staff to help with the cost of living - and how much each will get

Around one in every 20 big firms have offered support to staff

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 6, 2022

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3 Data Center REITs With The Highest Upside According To Analysts

Data centers — a small sub-sector among real estate investment trusts (REITs) — are less well-known than other types of REITs. Data centers own and manage data storage facilities in which their clients store information safely and securely.

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