Barclays profits tumble 12% as UK interest rates hit mortgage demand
TheGuardian
APRIL 25, 2024
Pre-tax profits drop to £2.3bn between January and March, down from £2.6bn last year • Business live – latest updates Profits at Barclays tumbled by 12% in the first quarter, as higher UK interest rates weighed on demand for mortgages and loans while a backdrop of economic uncertainty affected its investment bank. Continue reading.
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