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Barclays has apologized for ongoing technical issues affecting customer accounts, leading to outdated balances and transaction visibility problems. The bank assured customers that they can still use their cards and withdraw cash, and promised to address any financial inconveniences caused. HMRC confirmed that customers unable to pay their tax bills due to the outage will not face late fees, as penalties will not apply until March 1.
Barclays customers are facing significant disruptions due to an IT glitch, leaving many unable to access their funds. One family, who sold their home, found themselves homeless after the bank's issues prevented them from completing their new home purchase. The bank has apologized and suggested customers seek help from friends, family, or food banks, prompting frustration among those affected.
Martin Investment Management LLC increased its stake in Check Point Software Technologies, owning 163,357 shares valued at $31.5 million, while Chevy Chase Trust Holdings LLC raised its stake by 69.6%, now holding 23,351 shares worth $4.5 million. Institutional investors control 98.51% of the company, which specializes in IT security solutions. Recent analyst ratings show a "Hold" status, with price targets ranging from $195 to $255, as the stock trades around $218.69 after reporting quarterly earnings that met expectations.
Barclays Bank faced a major system outage on January 31, 2025, locking thousands of customers out of their accounts just before payday. With over 5,000 reports of disruptions, many struggled to access funds, leading to potential late fees and emotional distress, particularly for families. Despite the bank's assurances and efforts to address the situation, the incident has raised concerns about the reliability of digital banking and customer service during crises.
Barclays has faced significant backlash from customers due to a major IT outage that left many unable to access their accounts for over 24 hours, coinciding with payday for many in the UK. The bank has advised clients to seek assistance from friends, family, or food banks amid the chaos, as frustrations mount on social media. The disruption has led to serious consequences for some, including a family left homeless after a house purchase fell through.
A family has found themselves homeless after a Barclays technical issue prevented the completion of their house purchase, despite having sold their previous home. Currently staying with relatives, they are uncertain about potential extra costs due to the failed transaction. Barclays has apologized for the disruption and is prioritizing support for affected customers.
Barclays is facing ongoing technical issues affecting mobile and online banking, leaving many customers unable to access their funds. Among those impacted is civil servant Paola Meru, whose family became homeless after their house purchase fell through due to the outage. While ATMs remain operational, Barclays has apologized and is working to resolve the issues, assuring customers that they will not incur late payment penalties from HMRC until March 1.
A civil servant and her family have found themselves homeless after a Barclays IT issue prevented the completion of their house purchase. They sold their previous home and are now staying with relatives in London, while their belongings remain in a moving van. The family is uncertain about potential extra costs due to the failed transaction and is hoping for a resolution by Monday.
Barclays customers faced a significant service outage, leaving many unable to access mobile and internet banking for over 24 hours. This disruption prevented payments, salary checks, and tax submissions, prompting concerns over potential compensation for affected users. The bank has assured customers they will not be penalized due to these technical issues.
Barclays has advised customers affected by a significant IT glitch to seek assistance from friends, family, or food banks, as many are locked out of their accounts and unable to access funds. The bank has apologized for the disruption, which coincided with payday and tax return deadlines, and assured that no one would be left out of pocket. Despite complaints about the inability to make purchases or pay bills, Barclays stated that its ATMs remain operational and is prioritizing support for vulnerable customers.
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barclays apologizes for ongoing technical issues affecting customer accounts
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