Barclays Share Discussion Threads

[diku] 06/5/2021 08:28

Hope BOE makes some positive noises about the UK economy recovery...that 177p again as the brick wall...

[johnwise] 06/5/2021 08:19

Oil gushes to $70 a barrel

Oil prices rose for a third day as the easing of lockdowns in the US and parts of Europe heralded an increase in fuel demand over the summer months.


Timeline: U.S.-Iran Naval Encounters

Many encounters have occurred in or near the Strait of Hormuz, through which up to a third of the world’s seaborne oil passes.

The most recent incidents were in April 2021, when small- and medium-sized Iranian ships harassed larger U.S. warships in the Persian Gulf in two separate interactions.
The incidents at sea were the first between the United States and Iran in a year. On April 2, three Iranian fast attack boats and one larger vessel swarmed two U.S. Coast Guard ships.
And on April 26, a U.S. patrol ship fired warning shots after three Iranian fast attack boats came within 68 yards. U.S. vessels had not fired a warning shot at Iranian ships since July 2017. The following timeline breaks down the encounters between U.S. and Iranian naval forces in five categories:

[prbshares] 06/5/2021 07:57

nick100 : reads well on both articles. Imo I have a feeling we may have some divi news coming in the not too distant future which would be rather pleasant.

[reidy66] 05/5/2021 18:42

Remember we have a gap to fill from 180.60 to 187 Oversold signals turning up Pj

[maxidi] 05/5/2021 18:24

The Gruniad news? ...... wrong again!!

[justalittlemore] 05/5/2021 17:29

Nice finish

[portside1] 05/5/2021 16:31

My question to jes was not asked it was to much of a fact They do not like to answer facts

[johnwise] 05/5/2021 16:24

Petrol stations will be worthless as the Tory Party are going to ban manufacturing of petrol and diesel Cars.


Issa brothers offer to sell petrol stations to seal Asda takeover

[manics] 05/5/2021 16:17

City gents working hard -good for them. Time to put some air above 7k?

[jordaggy] 05/5/2021 16:12

What is a monetary system? it's about trust, as long as the "?" can be trusted it has value. Faith and trust.

[prbshares] 05/5/2021 16:10

Dogecoin up another 21% on the day ..... where is any sense of normality ??? I can't get my head round this crypto craze ???....

[johnwise] 05/5/2021 16:06

The whole "Global Warming/Climate Change" crisis is a political invention and nothing more, its a way of extracting more tax money from the gullible..

[joestalin] 05/5/2021 15:53

Two fingers to little Greta as common sense prevails:-

August Graham, PA City Reporter
Wed, 5 May 2021, 3:02 pm·2-min read

Barclays shareholders have defeated an attempt by campaigners to force the bank to phase out the multi-billion pound financing it provides to coal, oil and gas projects around the world.

Investors voted against the proposal which set timeframes consistent with two articles of the 2015 Paris climate agreement.

The suggestion from Market Forces, an affiliate member of Friends of the Earth Australia, would also have required the bank to produce an annual report on how it is progressing against that strategy.

“The bank’s current policies will allow funding of the coal industry well into the 2030s, with no end date in sight,” said Adam McGibbon, the UK campaign lead at Market Forces.

Last year, Barclays unveiled a target to get to net zero – that is to say not emitting any more greenhouse gases than it absorbs.

But Mr McGibbon added that in 2020 alone Barclays has provided financing worth 27 billion US dollars (£19 billion) to the coal, oil and gas sectors.

The bank has also increased its funding of fracking, tar sands and Arctic oil by nearly a third compared to 2019, Mr McGibbon told shareholders during the Barclays annual general meeting.

“Despite what the board claims, these are not the actions of a bank aligning itself with the Paris Agreement. Investor pressure forced Barclays to improve their policies last year, and investor pressure is needed again to continue that improvement.”

In response, chairman Nigel Higgins defended Barclays’ climate change position.

“We agree with the nature of the climate challenge,” Mr Higgins said.

“We totally agree that this has to be about action, and not just words. It would be extraordinarily foolish if we were just about words because the data that we have committed to publish is going to reveal whether we back up our promises with action.”

However, he said that the bank disagrees with some of the data on fossil fuel financing that Mr McGibbon cited. It measures financing provided to oil majors, regardless of what those companies spend that money on.

[johnwise] 05/5/2021 15:46

VIDEO

Biden's endless spending spree continues

[reidy66] 05/5/2021 15:39

Over the 7000 now

[nemesis6] 05/5/2021 15:01

Thing is Portside unless youre already filthy rich its still a gamble as ive found with mtro and rr....some people have hugh b@lls the bloke who bought 400k worth of tullow at 12p....hell of a risk but its paid off just cant risk those sought of sums nor can most. And yes i want to retire early too

[nick100] 05/5/2021 13:58

https://www.standard.co.uk/business/ftse-100-shares-barclays-ao-world-ocado-b933269.html