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

Barclays reported £2.3bn in pre-tax profit for July to September, up 12%, and is giving shareholders a further £500m. UK banks are reportedly bracing for a tax increase in the budget.

Timeline

1. 22 Oct, 07:06 UTCGuardian reports Barclays profit rise and budget tax fears

Top sources

• Barclays profits up 12% as UK banks brace for tax increase in budgetThe Guardian