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The Latest Breaking News from Barclays

Impairments top £500 million at Barclays as consumers turn to credit cards to cover essentials

Credit impairments at Barclays have almost quadrupled to top £500 million in fresh signs more and more consumers are getting into deeper credit card debt amid cost-of-living pressures.

Evening Standard

UK bank Barclays profits from rising interest rates

London (AFP) - British bank Barclays said Thursday that net profit jumped 27 percent in the first quarter, boosted by rising interest rates and non-repetition of exceptional charges.

AFP

FTSE 100 Live: US GDP much lower than expected; FTSE closes at 7832; Wall Street starts strong

A bumper session of blue-chip results today features first quarter figures from Barclays, Unilever, AstraZeneca, London Stock Exchange and Taylor Wimpey.

Evening Standard

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read the most diverse news in one place.

Will the extraordinary boom in luxury goods ever end?

The rise of LVMH to become Europe’s first $500bn company illustrates the sector’s seemingly unstoppable growth

Financial Times

Full list of all banks closing in the North East this year - including The Galleries, Washington

Latest closures announced by Barclays means there will be a total of 15 banks closing in the North East this year so far

Chronicle Live

Our Liverpool: Nurses' 'incredible' gesture as mum lay in hospital bed

The afternoon's main talking points and biggest stories from the ECHO

Liverpool Echo

Person rescued from fire as former Barclays bank bursts into flames

Crews from six fire engines attended the blaze in Anfield

Liverpool Echo

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Young people have to go through 15 interviews to get a job

Lack of confidence and not knowing how to make skills relevant are the biggest barriers

Wales Online

Banks line up to reassure investors as season of turbulence subsides

First-quarter results for the UK’s big four will vary by exposure to volatile markets, but the boost from high interest rates won’t last

The Guardian - UK

Regulator warns UK banks over miserly savings rates for loyal customers

FCA says it will consider ‘onerous interventions’ if it concludes ‘loyalty penalty harms’ not being addressed

The Guardian - UK

Skipton Building Society to offer deposit-free mortgages for “trapped renters”

Everything you need to know about how to get a mortgage with no deposit

The Money Edit

Game of Thrones stars challenge big banks over fossil fuel links

Kit Harington and Rose Leslie attend ‘couples therapy’ in film for Richard Curtis ‘public education’ campaign

The Guardian - UK

Game Of Thrones stars condemn high street banks for working with fossil fuel companies

Kit Harington and Rose Leslie appear in new Richard Curtis-founded Make My Money Matter campaign

Evening Standard

Barclays ‘should face questions over former chief and Epstein’

Investor advisory firm highlights bank’s support for Jes Staley in 2020-21 despite investigation over his connections with disgraced financier

The Guardian - UK

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Chronicle Live

Shopping expert shares 14 tips he says could save up to £200 at Aldi

As families try to cut back on their grocery bills, founder of deals site reckons his 14 tips could help stretch household budgets

Birmingham Post

Creditors unlikely to see a return following Grimsby fish processor collapse with debts of over £3m

Cook and Lucas losses laid bare following new year 'abrupt closure' as administrators' proposals accepted by High Court

Chronicle Live

Plans to close last bank in rural north Northumberland branded 'devastating'

The closure was one of 15 announced by the banking giant

Bristol Post

Kingswood Barclays branch to close doors for good in July

14 others will be permanently closed later on this year

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Belfast Live

Barclays bank closing more Northern Ireland branches

Two NI branches will close in July, Barclays bank has announced

Wales Online

Barclays closing another 15 bank branches across the UK

It brings the total of Barclays branches closing this year to 73

Chronicle Live

Barclays to shut three North East branches as bank announces another 15 closures this year - see full list

Two branches in Northumberland are among those earmarked for closure this summer

The Guardian - UK

The ‘reformed economist’: who is the new chief tasked with saving the CBI?

Rain Newton-Smith is likely to have a tough job keeping members on board after misconduct scandal

Daily Mirror

Barclays shutting another 15 bank branches this year - see list of latest closures

The latest list of closures - which will all happen in July - comes on top of the 69 branches that had already been earmarked to shut, meaning 84 Barclays banks will go this year

Insider UK

CBI sacks leader after misconduct allegations

Former chief economist Rain Newton-Smith takes top job, after leaving just last month to join Barclays

Wales Online

TV subscriptions surge as Britons spend less on groceries and eating out

Spending on digital content and subscriptions was up 4.1% year-on-year in March

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