Barclays PLC
Recent News About Barclays PLC
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Group of major banks explores reserve-backed digital money for G7 currencies
A consortium of major international banks is examining the possibility of issuing a digital form of money that would be fully backed by reserves and pegged one-to-one with G7 currencies.
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Barclays report finds most wealthy Britons give but seek better philanthropic advice
A new report by Barclays Private Bank and Wealth Management indicates that 98% of high-net-worth individuals (HNWIs) in the UK are engaged in charitable giving.
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GeoPura secures £27 million loan from Barclays for UK-Danish hydrogen project
GeoPura, a company specializing in green hydrogen generation and fuel cell technology, has secured a £27 million green loan facility to expand its hydrogen-powered energy services in the UK and establish a new hub in Denmark.
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Barclays report suggests increased SME investment could add £60 billion annually to UK economy
Barclays has released a new report indicating that if small and medium-sized enterprises (SMEs) in the UK increased their investment rates to match those of larger companies, it could generate an additional £60 billion per year for the UK economy.
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Barclays signs major deal with UNDO for large-scale carbon removal using rock weathering
Barclays has entered into an agreement with UK-based climate technology company UNDO to permanently remove 6,538 tonnes of carbon dioxide from the atmosphere.
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Barclays names Neel Laungani head of financial sponsors for Asia Pacific
Barclays has announced the appointment of Neel Laungani as Head of Financial Sponsors for Asia Pacific.
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Barclays outlines steps for managing nature-related financial risk using TNFD framework
Barclays has released a new methodology for assessing nature-related financial risks within large financial portfolios, focusing on the application of the Taskforce on Nature-related Financial Disclosure’s (TNFD) LEAP framework.
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A third of first-time buyers choose semi-detached homes amid rise in long-term mortgages
Barclays has reported that semi-detached properties accounted for 33.5 percent of first-time buyer purchases in August, indicating a shift among young buyers toward homes they intend to keep long-term.
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Barclays analysis finds UK investment gap surpasses £610 billion as cash holdings grow
New analysis from Barclays shows that the UK's investment gap increased by more than 30 percent between 2022 and 2024.
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Barclays research shows dating costs hinder Gen Z’s financial confidence
New research from Barclays indicates that nearly one in five Gen Z adults in the UK, aged 18 to 27, consider being single a barrier to reaching their financial goals.
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Barclays appoints new leaders for private bank and wealth management businesses
Barclays has announced two senior leadership appointments within its Private Bank and Wealth Management (PBWM) UK and Crown Dependencies businesses.
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UK consumer card spending slows but confidence improves after base rate cut
Consumer card spending in the UK increased by just 0.5 per cent year-on-year in August, according to the latest Barclays Consumer Spend report.
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UK firms accelerate AI adoption amid economic uncertainty
UK businesses are turning to artificial intelligence (AI) as a key strategy to address business challenges amid economic and energy pressures, according to the latest Barclays Business Prosperity Index.
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Over half of UK firms delay investments pending Autumn Budget decisions
More than half of UK businesses are delaying investment decisions until after the Autumn Budget, according to new research from the Barclays Business Prosperity Index.
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UK seen as top destination for tech growth but investment barriers persist
The UK is emerging as a leading destination for technology sector growth, surpassing other major markets such as the United States, mainland Europe, and the Asia-Pacific region, according to new research from the Barclays Business Prosperity Index.
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University spinouts grow nearly eight percent since 2020 as regional equity investments surge
The number of UK university spinouts has increased by 7.9% since 2020, according to new data from the Barclays Regional Investment Map.
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Sasha Wiggins appointed chair of new national retail investment campaign
Sasha Wiggins, Chief Executive of Private Bank and Wealth Management at Barclays, has been named Chair of the UK's new retail investment campaign.
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Card spending rises as consumers turn to AI tools amid stable household confidence
Consumer card spending in the UK increased by 1.4 per cent year-on-year in July, according to new data from Barclays.
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Number of UK renters saving for house deposits falls sharply
Renters in the UK are finding it increasingly difficult to save for a house deposit, with only 17 per cent reporting active savings in July, down from 31 per cent in January.
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Barclays withdraws from Net Zero Banking Alliance but maintains climate commitments
Barclays PLC has announced its decision to withdraw from the Net Zero Banking Alliance.