Bank had been forecast to report slight fall in earnings but key revenues increased by almost 60%
A rise in borrowing costs for mortgage and loan customers has helped Barclays increase key revenues by almost 60%, pushing its latest quarterly profits higher to £2bn.
The UK bank, which had been expected to reveal a slight dip in earnings, said pre-tax profits instead rose 6% in the three months to the end of September.
Bank had been forecast to report slight fall in earnings but key revenues increased by almost 60%A rise in borrowing costs for mortgage and loan customers has helped Barclays increase key revenues by almost 60%, pushing its latest quarterly profits higher to £2bn.The UK bank, which had been expected to reveal a slight dip in earnings, said pre-tax profits instead rose 6% in the three months to the end of September. Continue reading…
