# Barclays is pulling back from lending to risky borrowers.

*fintech · news · 2026-04-28 · The Guardian*

## Key points

- Barclays took a £228m hit from the collapse of mortgage lender Market Financial Solutions amid fraud allegations.
- Credit impairment charges at Barclays rose to £823m in Q1 2026, up from £643m a year earlier.
- Barclays is reducing lending to structured finance counterparties with vulnerable business models and weak financial controls.
- The £110m Tricolor loss and MFS collapse have intensified scrutiny of private credit industry lending standards.

**Companies:** Barclays, Market Financial Solutions, Tricolor, First Brands
**Countries:** United Kingdom, United States

[Read the full story on The Guardian](https://www.theguardian.com/business/2026/apr/28/barclays-lending-uk-mortgage-firm-mfs-bank-profits-motor-finance)

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