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U K stocks increase for first time in two days

U.K. stocks climbed Thursday, as the FTSE 100 Index closed up 0.29% at 7,684.49. Of the FTSE 100 constituents, non-life insurance company Beazley PLC saw the.

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Barclays aims to cut costs by £2 billion in bid to boost returns

The British bank, which is mainly known for its global investment banking and markets franchise, achieved a return on tangible equity of 9% for 2023, according to a statement on Tuesday.

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Barclays Aims to Cut Costs by £2 Billion in Bid to Boost Returns

Barclays Aims to Cut Costs by £2 Billion in Bid to Boost Returns
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Barclays Vows to Return £10 Billion to Investors in Overhaul

(Bloomberg) Barclays Plc said it will go on a major cost-cutting drive, reorganize its reporting structure and return at least £10 billion to shareholders in the coming years, ending months of speculation about the future direction of one of Europe’s largest investment banks. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersYour 401(k) W

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Barclays Strategy, Lloyds Provisions in Focus in European Earnings Next Week

(Bloomberg) UK banks will be in the spotlight this week as Europe’s reporting season continues. While financials have fared better than most industries so far, earnings overall haven’t missed consensus this badly for at least four years, according to Bloomberg Intelligence’s tracker.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cash

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