By Frank Prenesti
Date: Wednesday 30 Apr 2025
(Sharecast News) - Barclays Bank lifted bad loan provisions in response to macroeconomic uncertainty in the US as it also reported a better-than-expected 19% rise in pre-tax profit to £2.7bn.
Credit impairment charges increased to £643m from £513m a year ago, primarily driven by a £74m adjustment for "elevated US macroeconomic...
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