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Reading: Barclays profits up 12% as UK banks brace for tax increase in budget
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EU News Forge > Blog > World > Barclays profits up 12% as UK banks brace for tax increase in budget
World

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

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Last updated: October 22, 2026 9:06 am
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2 hours ago
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Lender gives further £500m to shareholders after reporting £2.3bn in pre-tax profits from July to September

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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.

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Source: The Guardian World

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