Barclays Share Discussion Threads

[johnwise] 30/11/2024 10:37

VIDEO

A look at how Trump can unleash American energy

Fox Business

[johnwise] 30/11/2024 10:24

Trump presents a unique opportunity for Europe


In an attempt at optimism, I said the incoming Trump administration presents a unique opportunity for Europe to shake itself into reform.

[smurfy2001] 29/11/2024 22:15

Consensus DPS is 8.6p have to wait for the latest update post buyback to see if that's increased the DPS further.

[reidy66] 29/11/2024 16:06

288 has to be the target atm

[smurfy2001] 29/11/2024 15:28

Natwest have hit 400p waiting for Barc to hit 300p

[johnwise] 29/11/2024 15:22

Cost of UK asylum system hits record £5.4billion after it surged by more than a third in a year - with 66% of small boat arrivals granted leave to remain, figures show

[johnwise] 29/11/2024 15:15

The Daily Mail

MPs vote FOR assisted dying after five hours of emotionally-charged debate: Bill will let adults with less than six months to live request help to die

[johnwise] 29/11/2024 14:30

UK government launches huge £80bn framework to purchase all construction work centrally


The UK’s Crown Commercial Service (CCS) has released details of a new framework agreement that aims to buy in construction work for all government departments centrally.

The £80 billion (US$101.7 billion) framework is called ‘Construction Works and Associated Services including Healthcare and Offsite Solutions’.

In addition to government departments, it will also apply to other UK public sector bodies and special purpose vehicles in England, Wales, Scotland and Northern Ireland in areas such as health, education, culture, media and sport, local communities and housing, defence, security and infrastructure.

A prior information notice about the framework indicated that market engagement with contractors and suppliers interested in bidding for work would start in January 2025.

A contract notice is expected to be published on 21 January 2026 and the framework would run for a total of 87 months, including a three-month mobilization period.

[johnwise] 29/11/2024 14:12

Major retailers 'in talks' to buy collapsed Homebase sites before deadline today


Marks and Spencer and Kingfisher - the owner of B&Q - have both expressed interest in buying some Homebase sites according to reports


Three major high street retailers are reportedly eyeing up dozens of Homebase stores after it fell into administration this month.

Marks and Spencer and Kingfisher - the owner of B&Q - have both expressed interest in buying some Homebase sites according to a report from Sky News. The two companies are believed to be preparing offers for between 20 and 25 Homebase stores. It is not clear exactly how many - or which stores - could be saved.

[johnwise] 29/11/2024 13:33

VIDEO

Creepy Gregg Wallace, another BBC wrong'un.

Andrew Lawrence

[johnwise] 29/11/2024 13:14

VIDEO

Reform UK's Richard Tice: "Descending Into CHAOS!" Louise Haigh Resigns & 'Critical' Net Migration

TalkTV

[johnwise] 29/11/2024 11:11

VIDEO

Fox Business

Former Energy Secretary Rick Perry unpacks President-elect Donald Trump's energy policy

Trump has an extraordinary energy plan, former energy secretary says

[johnwise] 29/11/2024 10:56

VIDEO

Fox News host Sean Hannity shares what he’s grateful for ahead of Thanksgiving on ‘Hannity.’

Justin Trudeau is in a ‘state of panic’

Hannity:

[johnwise] 29/11/2024 10:39

The answer to Europe’s energy security is right beneath the surface, according to James Hill

“Natural gas,” James continues, “has been recognized by the European Union as green and as a transition fuel to a carbon free world. When you consider renewables, it’s going to take decades and trillions of euros to make that conversion, and in the meantime, when the wind doesn’t blow and the sun doesn’t shine, there needs to be a backup resource and natural gas is the ideal option because it’s the cleanest burning.

“The US has indigenous gas so the price of natural gas there is about four or five times less than in Europe. This has a massive impact, not just on residential areas but also industry.

There are many German industrial organizations currently considering moving out of the country because of the unstable power regime and the war in Ukraine, resulting in a reluctance to rely on Russian gas again.”

[johnwise] 29/11/2024 10:06

UK judgement bars passive investors seeking compensation from Barclays


A landmark judgement barring passive investors seeking compensation from a publicly-quoted company has been upheld in the UK’s High Court.

Norwegian public-sector pension fund KLP and Swedish pensions and insurance group Folksam are among the claimants fighting British bank Barclays for compensation.

In October a judge struck out claims by passive investors but let other claimants proceed. Yesterday’s appeal against the strike-out was rejected.

The claims relate to wrongdoing dating back more than 10 years by a US division of Barclays for manipulating ‘dark pool’ trading systems. In 2016 Barclays paid hefty fines to both the New York Attorney General and the Securities and Exchange Commission (SEC) for the violations. The current case in London was initiated after the conclusion of those investigations.

More than 200 investors are seeking compensation for allegedly misleading statements in Barclays’ official publications, including successive annual reports.

There are three categories of claimants but it is the passive investors or index trackers that have been forced to appeal. In justifying its position to the court, KLP, for example, had been clear that it relied on the movements in the share price of Barclays alone.

The judge rejected this argument, known legally as Price/Market Relliance, while giving the other categories of claimants permission to proceed on the basis that they or their advisers had read or heard the misleading statements or publications by Barclays.

[johnwise] 29/11/2024 08:12

VIDEO

Former senior Trump White House official Adam Boehler discusses the latest from the Middle East on Fox News

TRUMP CARD: 2024 results are a ‘major factor’ in prospective Middle East peace, expert says

[johnwise] 29/11/2024 08:07

Consumer confidence remains 'weak' as Christmas approaches in blow to retailers


"There was little shift in consumer confidence since the Chancellor’s Budget, with many worried about the economy in the lead up to Christmas'


As Christmas draws near, consumer confidence remains "weak", dealing a blow to retailers against a backdrop of falling economic expectations, according to a recent survey.

The British Retail Consortium (BRC)-Opinium Consumer Sentiment Monitor indicates a slight uptick in consumer expectations for their personal finances over the next three months, moving up to minus three in November from minus four in October.

Expectations of personal retail spending remained positive, edging up a point to positive three, although this was “to be expected” as consumers prepared for the festive season, the BRC said. Non-food product spending expectations are still low, but the forecast for dining out has seen the biggest improvement, reflecting the seasonal trend of festive gatherings.

The outlook on the economy has dipped further by two points to minus 19.

[johnwise] 29/11/2024 07:56

SBI UK opens new City of London branch

The bank has served customers in the UK for over a century, offering personal, corporate, and business banking solutions.


STATE Bank of India (UK) Limited (SBI UK) has opened its new City of London branch premises at 36 King Street, EC2V 8BB.

The branch was inaugurated on 22 November by SBI Chairman CS Setty, alongside the Lord Mayor of London, Alderman Alastair King.

[johnwise] 29/11/2024 07:51

Global Warming-Climate Change SCAM Update:


Climate change could destroy pensions

Research looked at warming scenarios to stress test pension funds resilience


Pension funds around the world could be hit with up to 50% falls in returns due to the effects of climate change.

Independent research has found that North American pension fund returns could decline up to 50% by 2040, under a high warming scenario, if the current approach to setting and governing climate policy doesn’t change.

For the UK there’s better news but still the potential for falls of around 30% by 2040

The report says: “Rising temperatures, increasing extreme weather events and declining agricultural productivity will collectively reduce asset performance across all asset classes, with some Canadian, US and UK pension funds potentially facing a drop in investment returns by over 50% by 2050 if climate change impacts are not restrained.”



The evidence - global warming/climate change isn't happening..


Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore


VIDEO: How Fossil Fuels are Greening the Planet


VIDEO The Net Zero con


VIDEO: Bill Gates Slams Unreliable Wind and Solar Energy


VIDEO: European Parliament Told 'There is No Climate Emergency!'


Global warming a total “hoax and scam” run by corrupt scientists, warns Greenpeace co-founder


Exposed: How world leaders were duped into investing billions over manipulated global warming data

[johnwise] 29/11/2024 07:32

£6bn of UK property bought with suspicious overseas funds – report


Since 2016, nearly £6bn in suspicious funds funnelled through companies registered in the British Overseas Territories have been used to purchase UK properties, according to new research.

Transparency International UK (TI UK), a campaign group focused on combating corruption, revealed that 494 properties in the UK, valued at a combined £5.9bn, were acquired through entities registered in these territories over the past eight years.

TI UK reported that each property included in their analysis was tied to one of three criteria: ownership by politically exposed individuals from high-corruption-risk jurisdictions, sanctions imposed by the UK government post-purchase, or links to individuals charged, convicted, or alleged to have committed financial crimes.

The British Virgin Islands accounted for over 90% of the funds, totaling £5.5bn. This amount was used to acquire 475 properties, primarily located in London.

The findings were derived from a combination of Land Registry and corporate data, court records, and leaked documents such as the Pandora Papers.

[johnwise] 29/11/2024 07:30

England’s housing supply plunges to eight-year low


Annual housing supply in England fell 6% to an eight-year low of 221,071 net additional dwellings in the 12 months to the end of March 2024, according to the latest government data.

All England regions bar one saw a drop in net additions over this period. The North East, South West and East Midlands have all seen the sharpest falls in annual delivery. In London, output fell 9% to 32,162, a nine-year low.

Looking ahead, the capital and the South East face the biggest shortfalls compared to Labour’s proposed 370,000 annual target for England.

[johnwise] 29/11/2024 07:17

Oil Up as Israel, Hezbollah Trade Accusations of Ceasefire Violation

Oil prices ticked up on Thursday after Israel and Lebanon’s Hezbollah traded accusations that their ceasefire had been violated, and as Israeli tanks fired on south Lebanon.

OPEC+ also delayed by a few days a meeting likely to extend production cuts.

[johnwise] 29/11/2024 07:16

Japanese banks stand firm with Adani despite US bribery charges


Japan’s biggest banks plan to maintain ties to Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate.

Meanwhile, Barclays, which has long been a go-to bank for Adani, has suspended extending new loans or financing to the group for now, according to people familiar with the matter.

The British lender had been gradually decreasing its exposure in direct lending and bond underwriting since short seller Hindenburg Research took aim at the company last year, Bloomberg News earlier reported. Still, it provided part of a $394 million trade-finance facility last year to an Adani unit for a solar module plant. Earlier this year, Barclays was among bookrunners for a $409 million bond sale by Adani Green Energy Ltd.

A Barclays spokesperson declined to comment on its exposure to Adani or the status of its relationship with the group.