Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 202.00
Bid: 202.40
Ask: 202.50
Change: -3.15 (-1.54%)
Spread: 0.10 (0.049%)
Open: 205.75
High: 206.10
Low: 197.68
Prev. Close: 205.15
BARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-Pound holds near 3-month high as weak dollar counters Brexit unease

Thu, 26th Nov 2020 11:53

* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv
(Adds graphic, updates prices)

By Lawrence White

LONDON, Nov 26 (Reuters) - Sterling slipped on Thursday but
still held near a three-month high, as U.S. dollar weakness
offset some of the uncertainty about the outcome of Brexit
talks.

Traders are looking for progress on a trade deal between
Britain and the European Union, with a successful deal priced in
but fears persisting that the discussions could break down.

The head of the EU executive, the Commission, reported
"genuine progress" on Wednesday but said the risk of Britain
leaving the bloc without a deal on Dec. 31 remained.

Sterling, in common with British stocks, has largely
shrugged off finance minister Rishi Sunak's unprecedented
spending plans announced on Wednesday, as Britain looks to
borrow about 400 billion pounds ($535 billion) to pay for the
COVID-19 hit to the economy.

Sunak warned on Thursday that borrowing was not forecast to
fall fast enough to be sustainable, the closest he has come to
acknowledging that taxes will need to rise once the pandemic is
over.

He also said he was confident a trade deal with the EU could
be struck.

Officials in Britain and the EU say the talks are still
snagged on two main issues, fair competition guarantees and
fisheries, but neither so far have shown a willingness to shift
enough on either to make way for any breakthrough.

"Brexit uncertainty is a big driver behind the pound at the
moment. Resolution on that would have a much bigger impact, for
better or worse, than events like the Chancellor's speech
yesterday," said Mimi Rushton, co-head of global FX sales at
Barclays.

"There is a broader theme around dollar softness at the
moment, the month-end signal is for dollar-selling and some of
that has been brought forward by Thanksgiving in the U.S.," she
said.

The pound was down 0.43% at $1.3329 by 1540GMT
after hitting an early September high of $1.3399 in Asian
trading. It also fell against the euro to 89.3 pence
.

With a lack of major scheduled news on Thursday, sterling
traders said they were watching for any official or unofficial
news on the Brexit talks, with negative signals likely driving
bigger price swings because a positive outcome is expected.

($1 = 0.7481 pounds)

(Reporting By Lawrence White; Editing by Barbara Lewis, Pravin
Char and Emelia Sithole-Matarise)

More News
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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."

Read more
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.

Read more
24 Nov 2023 08:41

Barclays looking to save up to £1bn; 2,000 jobs at risk - report

(Sharecast News) - Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.

Read more
23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

Read more
21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

Read more
17 Nov 2023 15:18

Barclays exploring acquisition of Tesco Bank - report

(Sharecast News) - Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.

Read more
17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.