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An apology to Barclays

Two articles have recently been published in Money Marketing making accusations that Barclays has deliberately delayed the payment of cheques of a number of its customers as part of a corporate strategy to enable it to offer its own investment services. Following further investigations of these allegations it has become clear these claims are not substantiated. Barclays has informed Money Marketing that the signatures on the cheques did not match the signature record held on file which was the cause of the cheques being returned unpaid. We apologise to Barclays for publishing the allegations and confirm there is no evidence that Barclays acted deliberately to delay any payments to its clients. Money Marketing is happy to set the record straight.

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