Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

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: 219.30
Bid: 219.25
Ask: 219.35
Change: -0.70 (-0.32%)
Spread: 0.10 (0.046%)
Open: 222.05
High: 224.25
Low: 219.05
Prev. Close: 220.00
BARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday newspaper round-up: Vince Cable, Citigroup, UK banks

Wed, 22nd Dec 2010 06:02

Vince Cable was stripped of key roles on the media and telecoms tonight after he told undercover reporters he had "declared war on Rupert Murdoch" and planned to block his efforts to take full control of BSkyB. Dr Cable survived as Business Secretary on the insistence of Nick Clegg. But in a humiliating rebuff he was told that he could play no further part in the decision over News Corporation's proposed takeover of BSkyB, writes the Times. Citigroup has warned of a fresh wave of bank failures and sovereign defaults in Europe unless EU leaders come up with a credible response to the crisis. Prof Willem Buiter, the bank's chief economist, said the eurozone was paralysed by a "game of chicken" between the European Central Bank and EMU governments, the Telegraph reports.Britain's five big banks are considering making a lending pledge to support businesses as part of a new pact with the Government. The commitment, which would include Barclays, Santander and HSBC, would be a first for banks that did not receive any direct government bailout money in setting public lending targets to help the economy. Royal Bank of Scotland and Lloyds Banking Group, which together received £66 billion from the Government during the financial crisis, have been signed up to lending targets for the past two years, according to the Times.Deutsche Bank, the German financial giant, agreed to pay fines totalling $554m in order to avoid prosecution in the US over tax shelter advice it gave to wealthy investors. The payment is the latest in the US authorities' investigation into tax-shelter products, originally designed by the accounting firm KPMG, which were sold to wealthy Americans around the beginning of the last decade, the Independent reports.House prices will dip by only 2% next year, propped up by a shortage of new properties coming up for sale, according to a new report from the Royal Institution of Chartered Surveyors. It said that prices, which are expected to end the year broadly unchanged from January, would edge lower at the beginning of next year as consumer confidence slides and public spending cuts begin in earnest, the Times reports.The European Union has given the go-ahead for the bail-out of three of Ireland's troubled lenders, paving for the way for the full recapitalisation of the country's indebted finance sector. Anglo Irish Bank, Allied Irish Banks and Irish Nationwide Building Society (INBS) will each receive several billion euros in new funding and two of them will be put into run-off as part of an agreement with EU regulators, says the Telegraph.
More News
4 Sep 2023 14:32

Barclays reportedly looking for investors in UK merchant payments arm

(Sharecast News) - Barclays is looking for buyers to invest in its merchant acquiring unit in the UK, according to reports.

Read more
1 Sep 2023 00:01

Some UK banks improving interest rates for savers, says watchdog

LONDON, Sept 1 (Reuters) - More savings accounts are offering higher interest rates as a more competitive market emerges, though regulatory intervention may still be needed to ensure customers are getting fair value, Britain's Financial Conduct Authority (FCA) said on Friday.

Read more
31 Aug 2023 23:16

Arm prepares to meet investors ahead of blockbuster IPO -sources

NEW YORK, Aug 31 (Reuters) - Arm Holdings Ltd plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter.

Read more
29 Aug 2023 17:27

European shares at two-week high; UK's FTSE 100 outperforms

U.S. job openings data boosts Fed pause bets

*

Read more
25 Aug 2023 14:43

Barclays hires internet banker Taylor from Goldman Sachs-memo

Aug 25 (Reuters) - Barclays Plc has hired Emma Taylor, a Goldman Sachs Group Inc technology banker, as global head of internet investment banking, according to an internal memo seen by Reuters.

Read more
18 Aug 2023 10:22

UK banking stocks are undervalued, says Shore Capital

(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".

Read more
18 Aug 2023 09:57

Everyman half-year revenue and earnings down; agrees new loan facility

(Alliance News) - Everyman Media Group PLC on Friday said it is trading in line with expectations, although first-half revenue and earnings were lower.

Read more
17 Aug 2023 22:30

Britain makes access to fee-free cash machine a legal right

LONDON, Aug 17 (Reuters) - Nearly everyone in Britain will remain within three miles (4.8 km) of a cash machine that does not charge fees despite the dwindling use of notes and coins, the finance ministry said on Thursday.

Read more
15 Aug 2023 07:49

LONDON BRIEFING: L&G profit falls on investments; M&S outlook rosy

(Alliance News) - Stocks in London are expected to edge up at Tuesday's open, as investors weigh the latest economic data from the UK and Asia.

Read more
14 Aug 2023 17:18

UK watchdog kicks off 'politically-exposed persons' review

LONDON, Aug 14 (Reuters) - Britain's Financial Conduct Authority said on Monday it will ask lawmakers to report any problems they have opening or maintaining a bank account ahead of a formal investigation.

Read more
13 Aug 2023 18:29

US Steel to explore strategic alternatives after unsolicited bids

Aug 13 (Reuters) - United States Steel said on Sunday it is initiating a formal review to evaluate strategic alternatives for the steel producer after receiving multiple unsolicited bids for part or all of its business.

Read more
10 Aug 2023 17:30

British equities rise as travel stocks rally after China lifts travel curbs

China eased travel restrictions

*

Read more
9 Aug 2023 16:16

FTSE 100 movers: Commodity stocks rise, Hiscox sinks

(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.

Read more
3 Aug 2023 20:39

UBS taps Barclays semiconductors banker Anissimov-sources

NEW YORK, Aug 3 (Reuters) - UBS Group AG has hired semiconductors banker Dmitri Anissimov from Barclays Plc , according to people familiar with the matter.

Read more
3 Aug 2023 19:13

UK's Hunt asks financial watchdog to urgently review 'debanking' concerns

LONDON, Aug 3 (Reuters) - British finance minister Jeremy Hunt said on Thursday he had asked the country's financial services watchdog to urgently investigate terminations of bank accounts and suggested that lenders who have broken the law should be fined.

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.