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The Latest Breaking News from Barclays

'Expect further reductions': Barclays cuts mortgage rates in move likely to be followed by other lenders

The move follows an easing of swap rates in the City ahead of an expected Bank of England rate cut in August

Evening Standard

Why Walmart broke up with Capital One—and the dark horse bank that may stand to benefit

After Capital One generated $8.5 billion in credit card balances from Walmart customers, the bank squandered an exclusive deal, opening up a competition for the valuable market.

Fortune

Barclays to remove £5 monthly loyalty reward as part of ‘makeover’

The bank said it has been evolving its Blue Rewards scheme based on what it knows its customers value.

The Independent UK

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‘I was abused twice, first by my partner and then by my bank’

Charities are calling for more help for women trapped with mortgages they cannot change because they are controlled by an abusive partner

The Guardian - UK

“I don't believe that a company like Barclays, given their financial ties to war crimes, has any place at a metal festival.” Why the conversation around Britain's summer festival season has been all about Gaza, Barclays, and boycotts

Barclays will no longer be sponsoring Download, Isle Of Wight or Latitude festivals following escalating protests and cancellations by musicians and comedians. Louder looks at how this discourse has dominated summer 2024 in the UK

Metal Hammer

Barclays will no longer be sponsoring Download, Isle Of Wight or Latitude festivals following artist protests and cancellations

Numerous artists had pulled out of major UK festivals due to their links to Barclays, who have invested in companies supplying weapons and military technology to Israel

Metal Hammer

Latitude, Download and Isle of Wight festivals pull Barclays sponsorship

News comes after multiple musicians and comedians pulled out of the event

The Independent UK

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Barclays suspends sponsorship of Download, Latitude and Isle of Wight festivals

Move follows protests from bands and fans over the bank providing financial services to defence companies supplying Israel

The Guardian - UK

Hometree partners with Barclays in £250m deal to accelerate green home improvements

Long term loans on offer for solar panels and heat pumps

Evening Standard

Barclays told to review leveraged finance as UK probes industry

It’s the first of many such reviews the regulator is expected to launch into leveraged finance, which has long been the financing method of choice for private equity

Evening Standard

How can first-time buyers get ahead in the tough property market?

Property and mortgage experts offer their tips to cash-strapped would-be homeowners.

The Independent UK

Multiple bands pull out of Download festival over Barclays’ Israel ties

Acts including Speed, Scowl and Ithaca voice opposition to Barclaycard sponsorship over financial services provided to defence companies

The Guardian - UK

“We will not take part in an event whose sponsor profits from facilitating a genocide.” Scowl, Speed, Zulu, Pest Control boycott Download festival due to sponsor Barclays investing in companies supplying weapons and military technology to Israel

Six bands withdraw from Download 2024 in solidarity with the Palestinian people

Metal Hammer

Oracle Earnings Today. Analysts Watching Cloud, AI Push

Oracle is set to report earnings in a difficult climate for software stocks. Here's what Oracle stock analysts are watching.

Investors Business Daily

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The Independent UK

Barclays branches across the country damaged by pro-Palestine activists

The windows of a branch of Barclays in Bristol were completely smashed, with red paint visible on the bank sign

Investors Business Daily

Nvidia Begins Post-Stock-Split Era With Price-Target Hikes

Nvidia stock began trading Monday after its 10-for-1 stock split and received price-target hikes from three Wall Street analysts.

The National (Scotland)

Palestine activists vandalise Barclays bank buildings in Glasgow and Edinburgh

More than 15 branches of Barclays bank across England and Scotland have been vandalised by a campaign group called Palestine Action.

Evening Standard

Barclays bank branches across London vandalised by pro-Palestinian protesters in countrywide wave of attacks

Protesters targeted 20 branches including at least five on London on Monday

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Evening Standard

Latitude Festival 2024: Which acts are dropping out and why?

Several artists have said they would not be performing because Barclays is sponsoring the event

The Independent UK

Rent and mortgage spending accelerated in May, Barclays finds

Housing costs are likely to remain high for a while longer, a mortgage expert at Barclays said.

The Independent UK

Multi-bank ‘super ATMs’ are being trialled across the UK

They will enable free cash deposits to customers

The Guardian - UK

Falling UK inflation not leading to rise in spending, report finds

May recorded the lowest spending growth since February 2021, Barclays’ snapshot of card activity shows

The Independent UK

Artists pull out of Latitude festival over Barclays sponsorship

Singer CMAT says she asked festival organisers to find another sponsor but it was ‘made clear’ to her that this would not happen

Evening Standard

CMAT pulls out of Latitude Festival in protest against sponsor Barclays

The move follows similar action at Brighton's Great Escape Festival in May, where more than 100 artists pulled out over the bank’s involvement

The Guardian - UK

‘Fleecing the man off the street’: Car dealers investigated over high interest rates

The FCA is considering opening a compensation scheme for customers after an influx of complaints

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