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, amounting to about 5% of its workforce, our banking correspondent Ka

Read the full story at Guardian Business

Shared from the GodsView world desk: live wires next to a globe of flights, ships, fires, and quakes.