Divi Theft!3 Apr 2020 11:22
Post from Barclays board
Agustin Carstens aka Mr Blobby The head of the international clearance banks, basically The Bank of the Central Banks. . . . Had a bowel movement at the top of the ladder.
In which it then landed on silly old Andrew Baileys Head (Ex FCA who has crippled Barclays share holders these past years, along with the serious fraud office) because Barclays went to the QATAR instead of the good ole UK Tax payer !
Who in turn panicked and kicked it at Sam Woods "who quite frankly, should return to New Zealand"
Then decided to order Barclays board of spineless dimwits to pull the divi on April Fools Day, not even 48 hrs notice for decent hard working, some retired share holders.
Of which might just DAM WELL RELY ON THE DIVI TO TOP UP THEIR INCOME / PENSION . . . BECAUSE THE GOVERNMENT WILL NOT HELP IF THEY HAVE SAVINGS OVER 16K INVESTED.
May also mention can not claim loss of earnings as Self Employed in June as its share related income.
Where the advice is "sell some shares" yeah right at 50% of the purchase value pre divi.
The point Iam trying to put across is . . . under 48 hrs notice to cancel a divi with a company as big as Barclays is not legal, not in one part legal, because the reason was not financial !
If it was announced before going X Divi it is something that would just have to be swallowed and moved on.
Though it was not, Barclays Board have SCREWED their loyal investors yet again.
Therefore it may be legally challenged by anyone who is left in financial distress having lost the agreed / expected divi.
So if everyone on here would kindly email a complaint to the Bank of England, The Prudential Regulatory Authority and Barclays Complaints department.
It may just alert them to the fact they have basically dipped their thieving fingers into the pockets of honest people, whilst leaving them not only out of pocket but left in financial hard ship !!
If that falls on death ears, maybe an on line petition, followed up in a court of appeal ?
Basically Barclays out of all the other banks, advertised (big legal point here) on their own website and many others.
Anyone who is on the register 28th Feb2020 will be entitled to a 0.06p ps div.
Yes before everyone would like to point out the fact, they can pull the divi at any time . . . . only if the said company is itself in financial distress ! Barclays is and was not in any financial stress on April the 1st . . . Mr Nigel Higgins is only trying to bow to peer pressure, forgetting it was the same people screwed Barclays since the 2008 crash.
Barclays and the HSBC owe the taxpayer nothing !
If it was HSBC share holders going X divi within the next 48hrs we would have see this decision ignored !
Despite the terrible situation everyone is having to live through at this difficult time, Barclays Board of soppy direcrtors, should have made allowances for their own share holders 1st ! the same people who pay their wages / bonus's and jollies !!
SHAME ON BARCLAYS
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