Barclays could pay out up to £12.5 million in compensation to customers affected by technology outages over the last two years, a new letter to MPs has revealed. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

An outage led to days of disruption for Barclays customers at the end of January, coinciding with payday for many workers.

Barclays could pay out millions in compensation for recent IT outages which have prevented customers from banking.

Barclays bak could pay out up to £12.5 million in compensation to customers affected by technology outages over the last two years, it has revealed. There has been more than 33 days’ worth of unplanned tech and system outages in the last two years for nine of the UK’s biggest banks and building societies,