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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 206.95
Bid: 206.90
Ask: 207.00
Change: 0.25 (0.12%)
Spread: 0.10 (0.048%)
Open: 206.45
High: 207.60
Low: 206.30
Prev. Close: 206.70
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Thursday newspaper round-up: Dyson, Brexit, US shale gas, Barclays

Thu, 24th Mar 2016 07:13

(ShareCast News) - European ministers are expected on Thursday to push telecommunications and digital service providers to work more closely with government authorities to track down terror suspects as part of a post-Brussels attack crackdown. At a hastily arranged meeting, EU ministers responsible for security issues will call for a European legislative blueprint to be drawn up by June to enable governments to obtain easier access to such "digital evidence", according to a draft statement seen by the Financial Times. - Financial TimesDyson is developing a new product to add to its signature vacuum cleaners and high-tech hand dryers - an electric car. The British company's work on the car was confirmed in a government document revealing public funding for "Dyson to develop a new battery electric vehicle at their headquarters in Malmesbury, Wiltshire". The document, buried within the National Infrastructure Delivery Plan, said: "This will secure £174m of investment in the area, creating over 500 jobs, mostly in engineering." - Financial TimesBoris Johnson has said that leaving the EU would result in "no economic shock" at all to the UK, despite the claims of economists including the Bank of England's own Governor to the contrary. The London mayor compared fears over an economic shock on the event of a Brexit to the concerns people had over the "millennium bug", a much prophesied computer glitch which was set to wreak havoc as the world moved into the year 2000, but passed without incident. - TelegraphEnergy bills would soar by £500m a year if the UK left the EU, Amber Rudd, the energy secretary, will claim on Thursday. In remarks dismissed by leave campaigners as "absurd", the cabinet minister will deliver the latest in a series of warnings from senior government figures about the costs of Brexit. These have included claims that 600,000 jobs in the drinks industry would be safer inside the EU and that lamb and beef farmers could face an extra £330m a year bill to export their goods. - GuardianThe first US shale gas sailed into Europe bringing controversy in its wake. Ineos, the chemical group, said that its own gas carrier arrived in Norway on Wednesday with 27,500 cubic metres of American ethane on board. Shipments to Ineos's UK refinery at Grangemouth are scheduled to start later this year. - GuardianWafic Saïd has launched a lawsuit against Barclays for ditching him as a client after 40 years with no explanation. The Syrian-born billionaire businessman and philanthropist said yesterday that he had instructed lawyers at Carter-Ruck to issue proceedings in the High Court. Barclays is understood to have provided no documents to explain its decision to walk away from Mr Saïd after being served with a so-called subject access report under the Data Protection act. - The TimesThe Times and The Sunday Times have boosted profits on the back of lower printing costs, growing subscription revenues and cost-cutting. Times Newspapers reported a pre-tax profit of £10.9 million in the year to last June, against a loss of £935,000 previously, according to accounts filed at Companies House. The increase came despite a dip in revenues from £347 million to £345 million. Operating profit was £21 million, up from £1.7 million. It is the first time the newspapers have made a pre-tax profit since 2002. - The Times
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28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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27 Nov 2023 13:26

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

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27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 15:03

London close: Stocks mixed on quiet Friday

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

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24 Nov 2023 09:20

PRESS: Barclays works on plan to cut 2,000 back office jobs - Reuters

(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday.

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