Barclays profits up 12% as UK banks brace for tax increase in budget
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Banking category. Published on October 22, 2026 • Originally reported by Kalyeena Makortoff Banking correspondent. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Banking category. Published on October 22, 2026 • Originally reported by Kalyeena Makortoff Banking correspondent. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Lender gives further £500m to shareholders after reporting £2.3bn in pre-tax profits from July to September
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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