Barclays profits up 12% as UK banks brace for tax increase in budget
Lender gives further £500m to shareholders after reporting £2.3bn in pre-tax profits from July to September Business live – latest updates Barclays is…
The Guardian reports: 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.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK, September Business and Barclays.
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Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- UK, September Business, Barclays
- Section
- Business
- Figure cited
- 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. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
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