Bank Profits Rise to Pounds 26bn As Customer Debts Soar

Daily MailFebruary 13, 2004

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Summary


THE BIG banks were last night accused of cashing in on Britain's debt crisis with a multibillion pound surge in profits.

Barclays revealed a 20 per cent increase in its surplus yesterday, up more than Pounds 600million to Pounds 3.845billion.

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Extract


Bank Profits Rise to Pounds 26bn As Customer Debts Soar

Profits from Barclaycard, the country's biggest credit card, rose 17 per cent or Pounds 722million on the back of high in...

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