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Barclays profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

Reported · Written up by our desk · Equities

French risk premium over German bonds widest since 2011 as oil prices climb above $111 a barrel Here’s our full story on Barclays : Barclays is giving a further £500m to shareholders after reporting a jump in quarterly profits, as the lender steels itself for an increase in UK bank taxes at next week’s budget. Barclays’ bumper profits aren’t an anomaly. All the big banks are doing exceptionally well at the same time – but their windfall profits have been underpinned by mortgage misery for millions. That’s why it’s time for banks to pay a fairer share. At a time when the chancellor needs to rai

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