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Barclays profits up 12% as UK banks brace for tax increase in budget

المصدر: World news | The Guardian · نُشر

Barclays profits up 12% as UK banks brace for tax increase in budget
المصدر: World news | The Guardian

Lender gives further £500m to shareholders after reporting £2.3bn in pre-tax profits from July to September Business live – latest updates Barclays is giving a further £500m to shareholders after reporting a jump in quarterly profits, as the lender steels itself for an increase i

Lender gives further £500m to shareholders after reporting £2.3bn in pre-tax profits from July to September Business live – latest updates Barclays is giving a further £500m to shareholders after reporting a jump in quarterly profits, as the lender steels itself for an increase in UK bank taxes at next week’s budget. The lender said it logged £2.3bn in pre-tax profits over the July to September quarter, up 12% from £2.1bn during the same period last year. Continue reading...

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Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live
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Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

UK bank says 1,000 job cuts already done with a further 4,000 to go before year end, driven by advances in AI, French risk premium over German bonds widest since 2011 Barclays also said it is cutting 5,000 jobs, amounting to about 5% of its workforce, our banking correspondent Ka

Business | The Guardian ·