Barclays Increases Bonus Pool by Nearly 30% Amid Calls for UK Bank Tax

Barclays has increased its banker bonus pool by nearly 30% following a rise in second-quarter profits, fueling calls for a UK bank tax, with the TUC leader stating the lender's £3.3bn quarterly profits mean it "can easily afford to pay more tax."

28 Jul, 07:10 — 28 Jul, 07:10

Post Share

Sources

Showing 1 of 1 sources

The GuardianMostly Factual35d ago

Barclays increases bonus pool by nearly 30% as calls grow for UK bank tax

TUC leader says lender’s ‘bonanza’ quarterly profits of £3.3bn mean it ‘can easily afford to pay more tax’ Business live – latest updates Barclays has increased its banker bonus pool by nearly 30%after a rise in second-quarter profits that has fuelled calls for a tax raid on UK lenders to help fund Andy Burnham’s spending plans. Fresh corporate filings released on Tuesday showed the bank put £1.3bn towards its bonus pool for the first half of the year. That figure, which includes annual and...

By Kalyeena Makortoff Banking correspondent

Read full article →

Barclays Increases Bonus Pool by Nearly 30% Amid Calls for UK Bank Tax

Sources

Barclays increases bonus pool by nearly 30% as calls grow for UK bank tax

Related Stories

US Supreme Court Allows Construction of White House Ballroom to Continue

Ukrainian Drone Strikes Ignite Major Fire at Russian Ust-Luga Port

Canadian Liberals Sweep Special Elections Amid US Trade Tensions

Burnham to face Parliament as PM for first time, pledges to 'bring back hope'