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
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 deferred bonuses, was up from £1bn last year. Continue reading...
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