Business • 2026-04-28 04:14

Barclays Takes £228mn Hit from MFS Collapse

Fast facts

  • Category: Business
  • Language: EN
  • Published: 2026-04-28 04:14 UTC
  • Sources: Financial Times

Barclays is set to limit complex lending activities and reduce exposure to highly leveraged corporates after taking a £228mn hit from the collapse of UK mortgage lender MFS. This move aims to mitigate risks associated with such investments.

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