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The Latest Breaking News from Barclays

He lost $340,000 to a crypto scam. Such cases are on the rise

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

WEKU

Lavish homes of fatcat bank bosses tackling mortgage crisis - including £12k treehouse

Top bankers advising on the home loan crunch have been revealed as multi-million pound homeowners with no mortgages and 'woodland-type' gardens, while many families struggle to make ends meet.

Daily Mirror

Why are UK banks taking so long to pass higher interest rates on to savers?

Delay is under intense scrutiny from City watchdog – but it may not be simple profiteering

The Guardian - UK

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Chancellor Jeremy Hunt announces more flexibility for struggling mortgage holders

Mortgage holders allowed to switch to interest-only for six months without impacting credit score

Evening Standard

Tesla Stock Handed Third Downgrade In Three Days; Analyst Sees Stock As A 'Must Own'

Tesla was downgraded by DZ Bank Friday. This comes after Morgan Stanley and Barclays did the same earlier this week.

Investors Business Daily

Tesla Stock Slides After Morgan Stanley Downgrade Ahead Of Q2 Earnings

"We see Tesla as an AI beneficiary *and* an auto company," said Morgan Stanley analyst Adam Jonas.

The Street

Tesla stock has soared over 140% this year—but a bullish analyst just downgraded it, saying investors are 'dismissing' some 'fundamental' near-term challenges

Barclays' senior autos analyst Dan Levy is still a Tesla bull, but he fears margin issues could lead to near-term issues.

Fortune

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Tesla Stock Downgraded; Elon Musk Hints At India Tesla Manufacturing Plant

Tesla stock has surged more than 30% in June. On Tuesday, CEO Elon Musk signaled a Tesla investment in India is coming.

Investors Business Daily

Dow Jones Falls 150 Points As Powell Expects More Rate Hikes; Tesla Stock Downgraded

The Dow Jones fell Wednesday, as Fed Chair Jerome Powell expects more rate hikes to fight inflation. Tesla stock was downgraded at Barclays.

Investors Business Daily

Nationwide promises to keep high street branches open until 2026

The Swindon-headquartered building society has 605 branches across the country

Birmingham Post

There’s only one way to tackle Britain’s mortgage meltdown – get the banks to cough up

The big five owe the public for the 2008 bailout – and they are taking in enormous profits while many homeowners and renters struggle, says former chancellor John McDonnell

The Guardian - UK

Urban Splash fund strikes deal worth up to £40m with Barclays

Over the last year, the fund has expanded its portfolio by more than 30%

Birmingham Post

100% mortgages versus 95% mortgages: which is better for first time buyers?

We compare the pros and cons of the mortgage options available to those struggling to save a sizeable deposit

Ideal Home

Barclays is shutting 14 more bank branches this year - see if your local is closing

The latest wave of closures from Barclays will see 13 bank branches shut in England and one in Scotland, while no branches in Wales or Northern Ireland are affected this time

Daily Mirror

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The Guardian - UK

Battle in the Channel: seigneur of Sark takes on Barclay dynasty

Christopher Beaumont is attempting to buy up abandoned hotels and other buildings owned by Telegraph billionaires

Daily Record

Free banking services you can access at any Post Office including cash withdrawals and cheque deposits

Nearly every UK bank customer can access their account at their local Post Office.

Daily Record

Woman 'dripping with blood' after distracted mum ran red light and ploughed into Audi

Liverpool Crown Court heard that Amanda's vehicle went tumbling across Switch Island - rolling twice before crashing into railings and a traffic light - when Susan Blundell became distracted.

Chronicle Live

Your options if your bank including Lloyds, Halifax, NatWest and HSBC is shutting its doors in the North East

Seventeen North East communities so far are losing their branches in 2023 as more people opt to use online services

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The Guardian - UK

Telegraph sale: who might win a fight for the voice of Tory England?

With a sell-off looming for the newspapers, several tycoons and groups look to have the money, and the motivation, to take over

The Guardian - UK

Why access to Tory party members is big incentive for owning Daily Telegraph

Newspaper retains considerable influence among those who will shape the direction of Conservatives

The Independent UK

‘It’s horrific’: British couple trapped in Dubai due to £11,000 medical bill

Insurance provider says it will not reimburse the couple’s expenses

Birmingham Post

'If someone doesn't want to work with me because I've been on Married at First Sight UK that's their problem'

Sophie Brown global head of channel at THG Ingenuity Cloud Services until earlier this year

Evening Standard

‘Our mortgage went from £400 a month to over £2,000 — we’re in hell’

Across the capital, prospective buyers and remortgaging homeowners are finding themselves slapped with mind-boggling lender rates and deals being withdrawn at the eleventh hour. Claire Cohen speaks to those in crisis

The Guardian - UK

How the Barclay empire lost its grip on the Daily Telegraph

Lost control of media assets over near £1bn debt gives lesson in perils of borrowing too much to expand

Chronicle Live

Shoppers boycott supermarket foods hit by 'shrinkflation' - list of items hit hardest according to customers

Snack lovers hit hardest as survey shows chocolate, crisps and biscuits are the products most think are getting smaller

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