Barclays CEO Pay Doubles Amid Record Profits, Motor Finance Scandal Looms
Barclays' 2024 pre-tax profits soared 24% to £8.1bn, boosting CEO Venkatakrishnan's pay to £10.5m, while a £1.9bn bonus pool was shared among top bankers, but the bank also faces a potential £442m compensation bill from a motor finance scandal and dealt with a recent technology outage.
Barclays CEO Pay Doubles Amid Record Profits, Motor Finance Scandal Looms
Barclays' 2024 pre-tax profits soared 24% to £8.1bn, boosting CEO Venkatakrishnan's pay to £10.5m, while a £1.9bn bonus pool was shared among top bankers, but the bank also faces a potential £442m compensation bill from a motor finance scandal and dealt with a recent technology outage.
Progress
40% Bias Score
1.1 Million Miss UK Tax Deadline, Facing Penalties
Approximately 1.1 million UK taxpayers missed the January 31st, 2024 tax filing deadline, incurring at least a £100 penalty, while over 11.5 million others filed successfully, with 31,000 completing their returns within the final hour; new rules require online platforms to share sales data with HMRC...
1.1 Million Miss UK Tax Deadline, Facing Penalties
Approximately 1.1 million UK taxpayers missed the January 31st, 2024 tax filing deadline, incurring at least a £100 penalty, while over 11.5 million others filed successfully, with 31,000 completing their returns within the final hour; new rules require online platforms to share sales data with HMRC...
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36% Bias Score
Emails Contradict Prince Andrew's Statement on Epstein Contact
Newly released emails contradict Prince Andrew's claim that his last contact with Jeffrey Epstein was in December 2010, revealing communication between them until at least February 2011, including an exchange on the day a photo of Andrew with Virginia Giuffre emerged; this is part of a legal case ag...
Emails Contradict Prince Andrew's Statement on Epstein Contact
Newly released emails contradict Prince Andrew's claim that his last contact with Jeffrey Epstein was in December 2010, revealing communication between them until at least February 2011, including an exchange on the day a photo of Andrew with Virginia Giuffre emerged; this is part of a legal case ag...
Progress
52% Bias Score
Barclays Stock Surges 70% on Strategic Overhaul and Strong Q3 Results
Barclays stock (BCS) has risen 70% year-to-date, exceeding market and peer performance due to a strategic shift toward stable UK domestic lending, cost reductions in investment banking, the Tesco Bank acquisition, and better-than-expected Q3 results.
Barclays Stock Surges 70% on Strategic Overhaul and Strong Q3 Results
Barclays stock (BCS) has risen 70% year-to-date, exceeding market and peer performance due to a strategic shift toward stable UK domestic lending, cost reductions in investment banking, the Tesco Bank acquisition, and better-than-expected Q3 results.
Progress
56% Bias Score
BP, BAT, and UK Banks Face Investor Scrutiny Amidst Shifting Energy and Economic Landscapes
BP will release its full-year results on February 11th, with investors closely watching its future strategy, following underperformance relative to global peers and concerns about the pace of its transition to renewable energy; British American Tobacco will announce its 2024 preliminary results on F...
BP, BAT, and UK Banks Face Investor Scrutiny Amidst Shifting Energy and Economic Landscapes
BP will release its full-year results on February 11th, with investors closely watching its future strategy, following underperformance relative to global peers and concerns about the pace of its transition to renewable energy; British American Tobacco will announce its 2024 preliminary results on F...
Progress
20% Bias Score
Barclays Outage: Thousands of Customers Affected
Barclays bank in the UK suffered a three-day outage affecting online and mobile banking, impacting millions of customers and causing payment failures, with some customers reporting serious financial hardship as a consequence; the cause remains unexplained.
Barclays Outage: Thousands of Customers Affected
Barclays bank in the UK suffered a three-day outage affecting online and mobile banking, impacting millions of customers and causing payment failures, with some customers reporting serious financial hardship as a consequence; the cause remains unexplained.
Progress
56% Bias Score
Barclays CEO's Pay Could Rise 45% to \£14 Million
Barclays is considering a 45% pay rise for its CEO, CS Venkatakrishnan, to over \£14 million, contingent on significantly increased profitability and shareholder approval; this follows the repeal of the EU bonus cap and Barclays' subsequent lifting of its own cap in May 2024.
Barclays CEO's Pay Could Rise 45% to \£14 Million
Barclays is considering a 45% pay rise for its CEO, CS Venkatakrishnan, to over \£14 million, contingent on significantly increased profitability and shareholder approval; this follows the repeal of the EU bonus cap and Barclays' subsequent lifting of its own cap in May 2024.
Progress
56% Bias Score