|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||578.10 - 582.55|
|52-week range||554.00 - 730.00|
|PE ratio (TTM)||15.37|
|Forward dividend & yield||N/A (N/A)|
|1y target est||680.00|
Barclays (LSE: BARC.L - news) has posted an annual loss of £1.9bn and faced a backlash on gender pay after it admitted women in its investment bank unit are paid, on average, almost half the sum enjoyed by men. Pre (Shanghai: 600048.SS - news) -tax profits when exceptional items were excluded rose 10% to £3.54bn during 2017 despite earnings at its investment bank plunging to £2.1bn, with Barclays blaming the 22% dive on "weak market conditions". It said one-off charges to hit its bottom line included £901m from changes to US corporate tax laws made by US President Donald Trump in December and a previously announced £1.2bn write-down from the sale of Barclays Africa Group .
The Pensions Regulator (TPR) and auditors have been accused by MPs (BSE: MPSLTD.BO - news) of being "spectators" ahead of the collapse of Carillion (Frankfurt: 924047 - news) . Officials from TPR were asked at the joint inquiry by the Work and Pensions and Business Committees on Thursday why they did not use more of their powers to make Carillion executives address the contractor's growing pensions deficit. The regulator began an investigation into Carillion on 18 January, three days after the group was placed in compulsory liquidation with an estimated £900m funding shortfall in its pension scheme.
The leadership of the City watchdog is facing scrutiny after it emerged that the man appointed as its next chairman had invested in a tax relief scheme. Charles Randell, who is due to take on the role at the Financial Conduct Authority (FCA) on 1 April, admitted to MPs (BSE: MPSLTD.BO - news) that his involvement in the scheme might be seen by ordinary people as a "clever tax wheeze". Mr Randell admitted to making an "error of judgment" over the scheme when he appeared before MPs on Tuesday.
MPs (BSE: MPSLTD.BO - news) have taken the unusual step of using parliamentary privilege to publish a regulator's full report on Royal Bank of Scotland (LSE: RBS.L - news) 's controversial Global Restructuring Group (GRG). The Treasury Select Committee had demanded the Financial Conduct Authority (FCA) publish, or hand over, the unredacted version by Friday last week. The chair of the powerful committee, Nicky Morgan MP, confirmed on Tuesday that it had unanimously agreed to publish the document given "overwhelming" public interest.
A new British party inspired by French President Emmanuel Macron's movement launched a campaign on Monday to thwart Brexit by convincing lawmakers to block any EU withdrawal deal Prime Minister Theresa May can strike. With (Other OTC: WWTH - news) just over 13 months left until Britain is due to leave the EU, opponents of Brexit are exploring ways to stop what they call Britain's biggest mistake since World War Two.
The Chancellor will ditch the famous Budget red box in his upcoming spring statement, which is expected to be a pared back event. Philip Hammond will present updated forecasts for the economy to the Commons, but no major policy changes are expected in the 13 March address. The red box has been a common feature on Budget day for decades, with the Chancellor of the day brandishing it for the cameras in Downing Street before heading over to the House to address MPs (BSE: MPSLTD.BO - news) .
Carillion (Frankfurt: 924047 - news) investors began "fleeing for the hills" up to two years before its recent collapse amid increasing concern about the company, MPs (BSE: MPSLTD.BO - news) have said. One leading fund that started pulling out last year told a joint select committee investigation into the company that it had considered suing after a major profit warning. MPs were told that Carillion's interim boss was able to give only "limited and vague" responses to key questions.
Airbnb is cracking down on traffickers who turn its rental homes into "pop-up brothels" to sexually exploit vulnerable women and girls. The short-term home rental company said it is working with anti-trafficking charity Polaris to train its staff and develop new ways to spot signs of exploitation. MPs (BSE: MPSLTD.BO - news) launched an inquiry last year after reports of temporary brothels springing up across Britain at tourist resorts and sites such as the Lake and Peak Districts.
The Financial Conduct Authority (FCA) has handed MPs (BSE: MPSLTD.BO - news) the full version of its report into the treatment of customers placed in RBS (LSE: RBS.L - news) ' controversial Global Restructuring Group (GRG). The City watchdog had been given a deadline of Friday by the Treasury Select Committee to either publish the document or hand it over - having previously refused to place it in the public domain on legal grounds. Only a summary has been officially released so far as the FCA argued it had not obtained necessary consents to release the full version.
British steel pension scheme members have been "shamelessly" exploited by "dubious financial advisers", according to a report by MPs (BSE: MPSLTD.BO - news) , who have warned of "another major mis-selling scandal". In August 2017 Tata Steel (BSE: TATASTEEL.BO - news) , which sponsored the £15bn scheme, struck a deal to restructure it in a move described as offering greater certainty for its 130,000 members. It followed a crisis at Britain's biggest steel producer in 2016, when Tata put its entire UK operations up for sale amid a deteriorating industry environment.
John Griffith-Jones, the outgoing chairman of the City watchdog, has been shortlisted to head the Competition and Markets Authority (CMA) even as the audit firm where he spent most of his career faces demands to be broken up. Sky News has learnt that Mr Griffith-Jones, who steps down as the Financial Conduct Authority (FCA) chairman next month, is among a handful of candidates to succeed Lord Currie at the CMA. Mr Griffith-Jones spent 37 years at KPMG, where he rose to became joint chairman of its European business.
Britain's big four accountancy firms have been accused by MPs (BSE: MPSLTD.BO - news) of "feasting on the carcass" of collapsed construction and outsourcing giant Carillion (Frankfurt: 924047 - news) , collecting more than £70m over a decade. A joint inquiry by two select committees has published a breakdown of fees collected by KPMG, PwC, Deloitte and EY. It comes a day after latest figures from the insolvency service showed a total of 989 jobs have so far been lost since Carillion went into liquidation.
The Business, Energy and Industrial Strategy (BEIS) Select Committee says the Big Six energy companies have been overcharging for years. MPs on the committee backed plans for a temporary absolute cap to fix what they called a "broken" energy market. Labour's Rachel Reeves, who chairs the committee, said: "The energy market is broken.
A FTSE-250 manufacturer will this week pay the price for its loyalty to a former Carillion (Frankfurt: 924047 - news) director with its inclusion on a City roll-call of companies which have sparked corporate governance rows with investors. Sky News understands that Victrex (LSE: VCT.L - news) will be added to the Investment Association's (IA) new public register on Tuesday, days after withdrawing a resolution seeking the re-election of Andrew Dougal to its board. Victrex announced last week that Mr Dougal, who chaired Carillion's audit committee for six years prior to its collapse into liquidation, had resigned from the polymer manufacturer's board three days before its annual shareholder meeting.
The 'big four' accountancy firm frozen out of Whitehall over a Brexit row last year has been drafted in by ministers to advise on public sector contracts held by Interserve (Frankfurt: 860509 - news) , the troubled outsourcer. Sky News has learnt that Deloitte has been engaged by the Cabinet Office to review the Government's exposure to Interserve, which is engaged in talks with its lenders aimed at providing long-term support to its balance sheet. The appointment of Deloitte comes just months after the firm resumed bidding for central Government contracts, and at a time when the 'big four' audit firms are facing intense scrutiny over their work for major outsourcers.
An attempt by MPs to force the publication of a report into RBS's controversial Global Restructuring Group (GRG) continues to be frustrated by the City watchdog. The Financial Conduct Authority (FCA) told ...
The City watchdog has been given a deadline to publish its report into RBS's controversial Global Restructuring Group. The Financial Conduct Authority (FCA) has been criticised for delaying the release ...
Theresa May's chief Brexit tormentor, Jacob Rees-Mogg, has stepped up his pressure on the Prime Minister after claims the EU plans to punish the UK during a transition period. According to a threat contained in a leaked Brussels document, the EU wants the power to restrict the UK's access to the single market during the transition period. The five-page document is a draft treaty circulated in advance of EU chief Brexit negotiator Michel Barnier's whistle-stop tour of all the 27 remaining EU countries.
The Prime Minister has been issued with an urgent appeal for clarity on Brexit ahead of this week's crunch Cabinet meetings, as she was warned "patience is wearing thin" among British businesses. Top ministers will meet on Wednesday and Thursday to thrash out the Government's approach to the next phase of Brexit negotiations, which will focus on a transition period and a future trade deal. The run-up to the meetings of a key Cabinet sub-committee has been marked by bitter rows within the Conservative Party over how closely Britain should remain tied to the EU beyond its departure in March 2019.
Former bosses at Carillion (Frankfurt: 924047 - news) have been castigated for failing to make amends for the failure of their company – even as they apologised. MPs, in a tense four-hour meeting, heard that former chief executive Richard Howson was paid bonuses of £293,000 in 2015 and £245,000 in 2016, while former finance chief Richard Adam received £215,000 in 2015 and £140,000 in 2016. Mr Howson said he was sorry and chairman Philip Green accepted "full and complete responsibility" for the firm's collapse, if "not necessarily culpability".
A Scottish court rejected on Tuesday a legal attempt to ask the European Court of Justice (ECJ) to clarify whether Britain could unilaterally stop the Brexit process. The case was brought by a group of anti-Brexit lawmakers in an attempt to show that Britain's decision to leave the European Union could be reversed if London withdrew its notification of Article 50 - the process by which Brexit was formally initiated.
The Government could take direct control of the East Coast Mainline as the Transport Secretary came under attack for his management of rail franchises. Chris Grayling informed MPs (BSE: MPSLTD.BO - news) on Monday that Stagecoach, which runs the East Coast franchise with Virgin, had "got their sums wrong" and will suffer "significant losses" of nearly £200m. The Cabinet minister had previously announced the £3.3bn franchise - running between London and Edinburgh - was set to collapse, but informed the House of Commons the situation is now "much more urgent".
The owners of Heathrow Airport and British Airways have clashed after the latter called for the former's "monopoly" to be broken up. Its demand comes ahead of an appearance by John Holland-Kaye, Heathrow's chief executive, before the Commons Transport Select Committee and ahead of a vote by MPs (BSE: MPSLTD.BO - news) , expected this summer, on whether the airport should be allowed to expand with a third runway . Airlines like BA - which accounts for 54% of all flights at Heathrow - are concerned that the cost of this expansion will be passed on to them and their passengers by Heathrow.
Bosses at KPMG, the 'big four' auditor under fire for signing off Carillion (Frankfurt: 924047 - news) 's accounts months before its collapse, have banned colleagues from taking on new work relating to the liquidation of the construction giant. Sky News has learnt that David Matthews, KPMG's head of quality and risk, told partners several days ago that they could not accept any Carillion-related instructions from any public sector organisations. Mr Matthews also warned colleagues that any private sector work for clients involved in the fallout from Carillion's demise would have to be signed off by its UK board.
The EU's chief Brexit negotiator Michel Barnier is meeting the Prime Minister and his UK counterpart in Downing Street. Fresh tensions have emerged after the European side insisted that EU law must continue to apply in the UK throughout the post-Brexit transition period - expected to last about two years.