UK Banking Watchdog Launches Investigation Into Barclays Following Major IT Outage

In a significant development within the UK banking sector, the Financial Conduct Authority (FCA) has opened an investigation into Barclays Bank in response to a significant IT outage that disrupted services and inconvenienced thousands of customers. The incident, which occurred recently, raised concerns about the bank's operational resilience and its commitment to providing reliable service to its clientele.

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