Barclays Lifts Profit Target and Launches £500m Buyback Amid Scandal Provisions and Investment Bank Weakness

Tekedia | 24-10-2025 01:33pm |

Barclays Plc on Wednesday surprised investors with the announcement of a £500 million ($670 million) share buyback and an upgrade to its key profitability target for 2025, as confidence in its cost-cutting measures and steady income outweighed fresh provisions tied to a motor finance mis-selling scandal and a weak showing from its investment bank. The

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