Britain's biggest banks are expected to report profits of £33 billion when they reveal their third-quarter results next week. The figures from Lloyds Banking Group, NatWest Group, Barclays and HSBC are expected to show their combined profits rising from £25 billion in 2019 to £33 b
Barclays
Barclays is rolling out a new cashback without purchase service, creating thousands of new locations for consumers to withdraw cash for free. This is the first time a UK bank has launched its own cashback without purchase service, made possible by Barclays’ payments franchise and UK retail ban
A new report released today by Barclays Corporate Banking reveals that click-and-collect shopping will be worth £2.55 billion in Scotland this year, representing 38.4% of retail income north of the Border. This growth follows the broader national trend, that has seen the click-and-collect econ
More than two thirds (63%) of Scottish small and medium-sized enterprises (SMEs) saw revenue increases in the second quarter of this year against 2021, compared to 55% UK wide, according to the latest quarterly Barclays SME Barometer.
UK banks have made initial claims worth £352mn from the government to cover losses on one of its flagship state-backed Covid-19 loan schemes, after recording default rates as high as 25%.
New research from Barclaycard Payments has found that cost of living increases are set to impact Business-to-Business (B2B) subscriptions in the UK as nearly half (49%) are considering reducing the number of services they subscribe to, as they tackle rising costs.
Barclays Bank Group has reported a profit of £3.7 billion for H1 in its interim report.
Edinburgh-based company Codebase has been awarded a contract worth up to £42 million to establish seven new tech scaler hubs across Scotland. First Minister Nicola Sturgeon announced the Tech Scaler contract, which is one of the largest investments by the Scottish Government into Scotland
Barclays has agreed a £3 million credit facility with Loretto, Scotland’s oldest boarding school, to accelerate its long-term strategic growth plans.
Over three fifths (68%) of small and medium-sized businesses (SMEs) in Scotland are expecting to see revenues rise this quarter when compared to the same period last year, according to the latest quarterly Barclays SME Barometer. On average, Scottish SMEs expect to see a 10.4% rise between the month
Almost a quarter (24%) of Scottish small or medium-sized enterprises (SMEs) have seen the number of late payments they receive increase since the cost of living has gone up, according to new research from Barclays.
Businesses are being urged to stay vigilant when paying their bills or changing supplier, as new data from Barclays reveals that in the last three months, fraudsters stole the most money from SMEs through invoice scams.
Shares in Barclays dropped by 2.4% to 156.5 pence per share after one of the bank's biggest shareholders sold a stake worth around £900 million. The unidentified investor offloaded a stake of about 3.6% within a day of Barclays revealing a multi-billion-pound error that has been labelled by an
Key players in the financial services industry are re-evaluating their approach to growth and battling for the best talent, according to a new ‘State of the Industry’ report from Barclays Corporate Banking.
The Financial Conduct Authority (FCA) has fined Barclays Bank £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier FX’s sole banker in the UK.