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    Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

    The Guardian UK
    October 22, 2026
    via The Guardian UK

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    Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

    <p>UK bank says 1,000 job cuts already done with a further 4,000 to go before year end, driven by advances in AI, described as ‘icing on the cake’ by Barclays boss</p><ul><li><p><a href="https://www.theguardian.com/uk-news/ng-interactive/2026/oct/22/uk-budget-game-20

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