Cutbacks Boost Barclays Profits

Published / Last Updated on 30/10/2011

Cutbacks Boost Barclays Profits.

Barclays have reported a pre-tax profit for the 3 months to 30 September of £1.32bn, compared with £1.27bn for the same time last year, due to continuing cutbacks.

According to Barclays the profits were generated equally across its retail and investment banking units.

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