Vim Maru News Today

Lenders are under pressure to preserve access to cash

Barclays laid out plans and revised targets in an attempt to boost its appeal to investors on Tuesday. Here is a summary of the Barclays strategy. REVISED...

By Lawrence White

The UKs biggest tile retailer is battling MSG, which has called for its chairman to be ousted and for two representatives to take seats on its board.

The UKs biggest tile retailer is battling MSG, which has called for its chairman to be ousted and for two representatives to take seats on its board.

Barclays will repurchase $17.6bn (£14.65bn) worth of securities. This is because the British bank issued more securities in the United States than it had permission for in March. It exceeded a limit of $15.2bn (£12.65bn) set in August 2019 by the US regulator.

The Money and Pensions Service (Maps) has named Barclays UK chief executive Matt Hammerstein as the new chair of its advisory group.

Director dealings can indicate whether a company's doing well. So, here are this week's director dealings from three of the FTSE's top firms.

Lloyds Bank has closed a Heartsease bank as part of a series of closures.

Lloyds Bank has closed a Heartsease bank as part of a series of closures.