barclays-earnings

Financial Times

Barclays Q1 Profit Rises After £228m Hit; UK Officials Testify in Mandelson Inquiry

Barclays announced a 3% increase in first-quarter pre-tax profit to £2.8bn despite a £228m impairment from the collapse of UK mortgage lender MFS, with executives warning of rising fraud risks. Separately, former Foreign Office chief Sir Philip Barton testified before MPs on the…

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