Dundee-based Red Kite Oilfield Services, a company providing crucial radial cutting torch services to the oil and gas industry in the North Sea, has secured vital funds to navigate the coronavirus lockdown and recovery, thanks to a £100,000 Coronavirus Business Interruption Loan (CBIL) from Ba
Glasgow-based tour operator Macs Adventure has received a £1 million Coronavirus Business Interruption Loan (CBIL) from Barclays to safeguard the future of the business. The company specialises in self-guided, tailor-made walking and cycling holidays across 40 destinations, 90% of wh
A £3.25 million loan from Barclays has provided Manorview Hotels & Leisure Group with the funds required to navigate the coronavirus lockdown and recovery. This follows a separate £2.85m loan from the bank earlier this year which is financing the refurbishment of Manorview’s Re
Barclays and Santander have seen profits drop dramatically in the first quarter of 2020 as the two banks prepare for the economic difficulties stemming from the coronavirus pandemic. Profits at Barclays have dropped by 38% as its pre-tax profits for the three months to March stood at £913 mill
Barclays has announced that its chairman Nigel Higgins, group CEO Jes Saley and finance director Tushar Morzaria will donate a third of their fixed pay for the next six months to charities supporting people affected by the coronavirus outbreak. The donation is part of Barclays' new £100 m
Banks across the UK have seen their share prices drop as they were forced to freeze dividend payments and share buybacks after the Bank of England's Prudential Regulation Authority (PRA) called for the dividends to be suspended.
Britain's mortgage lenders have dramatically increased their loan-to-value deposits for house purchases with Halifax and Barclays among those seeking 40% down-payments to fund buyers amid rising expectations of a housing crash.
Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks. The call, adds to the mounting pressure on the bank's governor, Andrew Bailey, to force banks to scrap payout pl
Key players in the financial services industry are set on a clear pathway towards collaboration, whether they like it or not, according to a new ‘State of the Industry’ report from Barclays Corporate Banking, An ecosystem in transition. Exclusive research from the bank highlights the con