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

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

Lender gives further £500 m to shareholders after reporting £2. 3 bn in pre-tax profits from July to September Business live – latest updates Barclays is giving a further £500 m 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. 3 bn in pre-tax profits over the July to September quarter, up 12% from £2. 1 bn during the same period last year. Continue reading...

Read the full story at theguardian.com

Recommended

General

Abortion, ICE and socialism spark fireworks in swing state governor debate: 5 top moments

General

Trump voters reveal their biggest fear heading into midterms — and it's not rising prices

Education

West End to get another lesson from The History Boys two decades on