P115 CEEFAX 115 Thu 10 Mar 13:55/07
|l4|l4|, |l4|,h4|h4|,
n1n1 j5,j5j5/|
/.%/.%/, j5pjuz5p HOME
7#####################################k
5 BARCLAYS ANNOUNCES MASSIVE PROFITS j
5 Barclays Bank has announced a j
5 profit of £664 million, following j
5 the 1992 losses of £242 million. j
5 j
5 The announciment comes in the wake j
5 of last week's decision to cut 432 j
5 jobs and a wave of protests planned j
5 today by staff in the so4th east. j
5 j
5 The bank's provision for bad debt j
5 was sharply lower at £1.9 billion, j
5 well below 1992'1 £2.6bn proviston. j
5 j
5 Shareholders were doing well at the j
5 expense of service, staff and jobs, j
5 said Rob MacGregor, spokesman for j
5 finance union Bifu. j
upppppppppppppppppppppppppppppppppppppz
Next News Politics World Spout