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The Latest Breaking News from Barclays

Stocks Climb After US July PPI Rises Less Than Expected

The S&P 500 Index ($SPX ) (SPY ) today is up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.14%. US stocks today are moving higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Barclays becomes first UK bank to lift EU cap on bankers’ bonuses

In a memo sent to staff Barclays confirmed it was dropping the bonus cap, which will allow employess to earn up to 10 times their salary

The Independent UK

Super Micro Computer CEO Wants AI Data Centers To Go Green

Super Micro Computer is promoting liquid-cooled computer systems instead of air-cooled systems to save customers on their energy bills.

Investors Business Daily

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Barclays seizes on post-Brexit rules to give bumper bonuses to top bankers

BARCLAYS has become the latest financial giant to allow top bankers the chance to earn eye-watering bonuses as part of a post-Brexit bonanza for fat…

The National (Scotland)

Barclays becomes first UK bank to lift cap on bonuses

Memo to staff reveals dropping of restriction, allowing payouts worth up to 10 times bankers’ salaries

The Guardian - UK

HSBC and Barclays slash five-year fixed mortgage rates to below 4%

Home loan price war is expected to boost the property market in the Autumn

Evening Standard

Outsmarting scammers: AI and automation take on invoice fraud

AI and automation are essential tools for finance teams as invoice fraud is on the rise.

TechRadar

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Big UK banks need to do more to be ready for potential failure, says Bank of England

BoE warns lenders including Barclays and Standard Chartered in effort to prevent social media-driven runs

The Guardian - UK

Bank of England seeks action from Britain's biggest banks on crisis plans

Threadneedle Street eyes lessons to be learned after SVB and Credit Suisse demise

Evening Standard

Warm weather lifts UK retail sales in July but shoppers shun big purchases

Rise in clothing and beauty marks recovery from washout June, says British Retail Consortium

The Guardian - UK

What can I do about my mortgage now the base rate has been cut?

It was good news for homebuyers as interest rates finally went down. But it has raised a lot of tricky questions for them

The Guardian - UK

UK Finance Worker Steals £75,000 From Dead Clients To Fund Gambling Addiction And Lavish Lifestyle

Casagrande wasn't charged with the financial fraud until after he'd been sent to prison and subsequently released for the drug charges.

International Business Times UK

Credit cards: ‘My spending limit was slashed by 90%’

How much banks will let you borrow can change without warning. One Money writer had theirs cut, while another’s was increased by a quarter

The Guardian - UK

How well is LSEG's tie-up with Barclays going?

I wouldn’t bank on it

Evening Standard

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The National (Scotland)

Barclays becomes title sponsor for Scottish Women’s Football leagues

Barclays has become the official title sponsor for the Scottish Women’s Championship and League One.

Evening Standard

Bank branch closures, August 2024: full list of UK sites shutting including Lloyds, Halifax and Barclays

A host of big name banks are closing their doors for good at a number of sites around the UK in the coming weeks

The Guardian - UK

Barclays chief praises Wimbledon bosses for ‘resisting’ calls to drop bank’s sponsorship

UK lender has faced backlash for providing services to climate polluters and defence firms with alleged links to Gaza war

The Independent UK

APP fraud reimbursement ‘still largely depends on who victims bank with’

The Payment Systems Regulator has published authorised push payment scam reimbursement figures for banks and building societies.

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The Independent UK

Latitude 2024 review: CMAT and Future Islands bring the electricity at sun-drenched festival

Chic, Keane and London Grammar also shine at family-friendly weekend in the Suffolk countryside

The Independent UK

Barclays issues romance scam warning after seeing a jump in claims

Men are more likely to report falling victim to a romance scam, but women are more likely to lose more money, according to the bank’s analysis.

The Street

Analysts reshuffle Las Vegas Sands stock price target after earnings

This is what could happen next to Las Vegas shares.

The Conversation

Bosses are increasingly forcing workers back into the office – but evidence suggests it could backfire

Tesco, Boots and Barclays have joined the growing number of companies trying to force employees back to the office after several years of remote working that began with the pandemic. They’re likely to be in for a battle.

The Street

Analysts adjust Apple stock price target ahead of earnings

This is what could happen next to Apple shares.

The Independent UK

Millions could face delay in getting paid as global IT outage hits payroll software

The IT outage has resulted in queues and delays at airports, disruption to GP services and payment failures in some shops

The Street

Analyst resets outlook for 3 huge tech stocks

The analysts say earnings estimates for the trio of Magnificent 7 stocks underestimate new AI-system costs.

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