Barclays Share Discussion Threads

[hasin] 30/11/2019 18:00

My thoughts are with the two innocent victims and their families.
The police did right to eliminate.

[bernie37] 30/11/2019 17:47

Glad ALL safe.

[portside1] 30/11/2019 17:27

My wife daughter and grand daughter were on the bridge All safe and at a show to night but it has spoiled there days of seeing shows they missed the one this morning

[jordaggy] 30/11/2019 09:06

Barclays PLC BARC Deutsche Bank Buy 171.54 174.22 205.00 208.00 Retains

[diku] 29/11/2019 20:11

Is FTSE 7420 a hard nut to crack...

[johnwise] 29/11/2019 08:31

The Iranian people Fighting for freedom and democracy


Iran Says 200,000 Took to Streets in Anti-Government Protests

Interior Minister Abdolreza Rahmani Fazli said 731 banks, 70 petrol stations and 140 government sites had been torched. More than 50 bases used by security forces were attacked, he said, in remarks reported by IRNA.

Iran has given no official death toll, but Amnesty International said this week it had documented the deaths of at least 143 protesters. Tehran has rejected this figure.

[diku] 28/11/2019 23:50

Do you honestly think it makes a dent in their pockets or lifestyle?...they will somehow make that money and more in other shape or form...




Barclays will join the other big UK banks in cutting the pension allowance of its chief executive, marking a significant win for investors who have pushed the industry to bring the perk into line with benefits for the wider workforce.

Jes Staley is due to earn a cash lump sum of £396,000 in lieu of a traditional pension this year, equivalent to around 34 per cent of his cash salary. But from next year, the allowance is expected to fall by more than £200,000, according to several people briefed on negotiations between the bank and its investors.

[portside1] 28/11/2019 18:53

Under the Labour Party manifesto pensioners on 14.000 a year Will have to pay £400 a year more tax Read the manifesto it's all their corbyn is lying aboutNo tax rise for the poor Only those earning 80k or moreIf you do not think I am correct read it Corbyn is a liar Pensioners need to read what this lying scumbag is doing

[bernie37] 28/11/2019 18:49

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Barclays will join the other big UK banks in cutting the pension allowance of its chief executive, marking a significant win for investors who have pushed the industry to bring the perk into line with benefits for the wider workforce.

Jes Staley is due to earn a cash lump sum of £396,000 in lieu of a traditional pension this year, equivalent to around 34 per cent of his cash salary. But from next year, the allowance is expected to fall by more than £200,000, according to several people briefed on negotiations between the bank and its investors.

The talks with investors are still continuing, but if Mr Staley agrees to the cut it would mean that all of the five large listed UK banks will have made significant concessions on executive pensions following a long-running campaign waged by institutional investors.

“It is absolutely a victory for shareholders,” said one large asset manager that holds shares in Barclays. “We have been pushing for this for more than a year. It is great news that Barclays and other banks are eventually listening to us.”

On Tuesday, the Financial Times reported that Lloyds Banking Group was preparing to cut the pension allowance of its chief executive, António Horta-Osório, by more than £220,000.

This month, Standard Chartered said it would also cut the allowance paid to its two most senior executives by £384,000, following an acrimonious stand-off with shareholders that deepened when chief executive Bill Winters blasted the investor campaign as “immature and unhelpful”.

When added to a reduction in the allowances paid to the CEO of HSBC and the new CEO of RBS, it will mean the perk has been cut by more than £1.2m in aggregate across the five banks.

New measures to restrict pensions tax relief for high earners were introduced in 2016, with the annual allowance tapering down from £40,000 to £10,000 for those with incomes of more than £110,000.

The reforms prompted many large companies to pay their executives a pension “allowance” — a lump sum of cash typically paid as a salary top-up that does not have to be saved for retirement.

However, the Investment Association, a body representing fund managers, recommends that these allowances — which have tended to be worth between 30 and 40 per cent of cash salary — should be brought into line with the wider workforce, who generally have their pension contributions capped at 10 per cent.

Barclays is expected to announce the reduction to Mr Staley’s allowance when it publishes a new remuneration policy in February, which will be voted on at the bank’s annual meeting in the spring, according to one person briefed on the company’s plans.

The reduction is expected to be accompanied by a pledge to pay more generous pensions to the entire workforce, with the typical contribution expected to rise to 12.5 per cent, the person said. Unite, the union representing some Barclays staff, is preparing to announce the uplift to its members in the next few weeks, they added.

The person said Barclays’ pensions overhaul was the result of an internal push to make pay at the lender more equal rather than a response to external investor pressure.

Mr Staley earned £3.4m last year, including a cash salary of £1.18m, a share-based payment of the same amount, and a £1.1m bonus, as well as the pension allowance and other benefits.

[portside1] 28/11/2019 18:23

Have now read that about cutting pension benefits It's completely disgusting what he gets

[portside1] 28/11/2019 18:14

Bernie were did you find that

[portside1] 28/11/2019 18:02

Hasin the la bout party have the weapon of mass destruction It's called CORBYN THE U.K. HATERHe would have all our armed forces hung or sacked And bring in is friends HAMAS to be our defenders Corbyn is a low life rat and is side kicks just mice John Mc Donald the liar And abbot the maths wiss kid

[bernie37] 28/11/2019 17:59

Barclays to cut chief executive Jes Staley’s pension allowance

[portside1] 28/11/2019 16:13

No , but we all no he is a murderer

[hasin] 28/11/2019 16:11

Did Tony get a mention with his weapons of mass destruction.

[portside1] 28/11/2019 12:03

Barcs wanting to run up higher they will after the boris win Went to the bank yesterday having been getting loads of post about. Credit scores She said why do you need a credit score with your bank balance ,She said when we lend money we do our own research not others .Your credit score is 100% Just put them in the bin

[fjgooner] 27/11/2019 23:33

In terms of the General Election polls, the Big One has just been published - the MRP poll by YouGov. I note also that Skybet have just stopped taking bets on the main result.

Bad news for the Commies and the "gimme, gimme" hand-out merchants - but great for most companies with UK exposure including Barclays and all decent capitalists in general.



Politics

Boris Johnson Set for 68-Seat Majority According to YouGov Poll

By Jess Shankleman
November 27, 2019, 10:15 PM GMT

Poll using technique that forecast 2017 result predicts win
YouGov forecast: Tories 359, Labour 211, SNP 43, Lib Dems 13

Boris Johnson’s Conservative Party is on course to win a large majority of 68 seats in the U.K.’s Dec. 12 election, according to a YouGov poll which used a technique that more closely predicted the 2017 election than standard surveys.


The Tories are on track to win 359 of the 650 seats in Parliament, a gain of 42 on the last election, while Jeremy Corbyn’s Labour Party is set to win 211 seats, a loss of 51, according to the poll. Of the smaller parties, the Liberal Democrats are set to win 13 seats, while the Scottish National Party are on track to win 43 seats, YouGov found in a report carried in The Times newspaper in London.

Through a process called Multilevel Regression and Post-stratification, or MRP for short, YouGov aims to identify different types of voters. Then the company works out how many of each of these voter types there are in each electoral district to predict the results.

In the 2017 election, YouGov’s MRP poll predicted that Theresa May would lose her majority, at a time other polls were suggesting her Conservatives would secure a big win.

[portside1] 27/11/2019 20:40

Unemployment rate in Spain in sept was 14.3It is now over 17% and going to get worse the youths are going to take to the city and riot You have been informed they will not be silenced The riots in Barcelona will look like a picnic to what is going to happen

[portside1] 27/11/2019 20:36

Under Corbyn's policy any person in the Eu is welcome to come to the U.K. and try and find a job ,And the Labour councils will be told to find them homes Before any local families This is from a person on Birmingham council He is lived but not allowed to say anything but is doing it via sites British children will be pushed out of council homes for migrants and immigrants I would say that our streets will full of rioters