Budget: Bank surcharge to be tweaked and coronavirus loan support extended according to latest reports
Budget speculation is now in full swing and here are some of the suggestions/guesses for what it might include
Company
LON:BARC
Barclays is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management. It operates through branches, offices and subsidiaries in the United Kingdom and overseas.
858 stories · page 15 of 43
Budget speculation is now in full swing and here are some of the suggestions/guesses for what it might include
Archive
Barclays, Unilever and AJ Bell are among the notable names in the diary for Thursday.
The surcharge will be slashed from 8% to 3%, the Financial Times reported
Archive
Miners BHP, Anglo American and Antofagasta, consumer goods giant Unilever and hotelier IHG are also on the big-cap schedule
Activist funds that pushed a company to make a strategic or operational change saw an average outperformance, while a focus on governance demands saw an average underperformance, research by Alvarez & Marsal found
Data on the lender's deals is pointing to further market share gains
JP Morgan believes the transition between Charlie Nunn (who took up the role of CEO last month) and António Horta-Osório should be a smooth one
Gap and Barclays have agreed to issue co-branded and private label credit cards in the US to Gap customers from next year
Sorting out the ESG early on in the portfolio building process will pay off in the long term
A Jefferies ‘buy’ recommendation comes with a 300p price target
Jes Staley, chief executive, said it was a strong first half with record investment banking fees
Archive
The UK premier share index closed down around 33 points, or 0.47%, at 7,091, below the session peak of 7,124 and above the low of 7,073
The company, which is behind the stablecoin USD Coin, will go public via a merger with Bob Diamond's NYSE-listed Concord Acquisition Corp that will value it at around US$4.5bn
The banking giant said customers will no longer be able to make credit or debit card payments to the crypto exchange following its ban by the FCA last week
Analysts said they expected the FTSE 100 bank's half-year results later this month to show “improving asset quality as six months’ worth of economic upgrades are reflected in provisioning needs”
A possibility of an interest rate rise at the end of 2022 adds to the appeal
Single-use plastics account for over a third of plastics produced every year, with 98% manufactured from fossil fuels
Funds managed by Sherborne Investors have disposed of their entire 6.01% stake in Barclays having achieved nothing except perhaps a trading loss
Demand for it to curb lending to the coal industry have been tabled at its AGM tomorrow
"We estimate the UK economy will grow at its fastest rate since 1948"