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Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

ByW.B.D. Editorial Desk· October 22, 2026
Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

UK bank says 1,000 job cuts already done with a further 4,000 to go before year end, driven by advances in AI, French risk premium over German bonds widest since 2011 Barclays also said it is cutting 5,000 jobs, amountin…

Read the full story at The Guardian →