Anger as Barclays cuts jobs and pays bigger bonuses to investment bankers – economy

Published

1 year ago

March 21, 2025

To cut costs Barclays is to axe up to 12,000 jobs this year – nine percent of its employees – even as it raised the bonuses paid to its investment bankers.

Britain’s third-biggest bank said it paid 2.4 billion pounds (2.9 billion euros) in bonuses last year – a 13 percent increase despite a slump in profits from the business.

The news prompted anger from trade unions and some British politicians who said the bank had not learned the lessons of the financial crisis.

“The culture change the ba…
READ MORE : http://www.euronews.com/2014/02/11/anger-as-barclays-cuts-jobs-and-pays-bigger-bonuses-to-investment-bankers

euronews: the most watched news channel in Europe
Subscribe! http://eurone.ws/10ZCK4a

euronews is available in 14 languages: http://eurone.ws/17moBCU

In English:
Website: http://www.euronews.com/news
Facebook: http://www.facebook.com/euronews
Twitter: http://twitter.com/euronews
Google+: http://google.com/+euronews
VKontakte: http://vk.com/en.euronews

source

Related Topics:(and 90's anger another bankers barclays bigger bonuses cuts Economy europe Investment jobs?news pays

Up Next

UK PM Starmer vows specialist police ‘standing army’ to battle far-right unrest gripping Britain

Don't Miss

Croatia votes in anti-gay marriage referendum

Click to comment

You must be logged in to post a comment Login

France Pushes EU Settlement Trade Ban

Published

5 hours ago

June 4, 2026

euronews

Nicolas Forissier, French Minister Delegate for Foreign Trade, joins Euronews for a wide-ranging interview covering the EU-US trade deal, China and Israel.

Watch #12MinutesWith today at 15.15 CET on Euronews.

source

11 officers injured in Henry Nowak murder protests in the UK, police say

Published

6 hours ago

June 4, 2026

euronews

11 officers injured in Henry Nowak murder protests in the UK, police say

In a joint statement, a conglomerate of Sikh community groups condemned what it called a “moment of madness by an individual”.

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

source

LIVE: NATO drills near Russia border as VDL warns over drone threat | Europe Today #113

Published

8 hours ago

June 3, 2026

euronews

Europe Today: NATO drills near Russia border as VDL warns over drone threat

In her visit to Lithuania, the EU Commission President von der Leyen has warned that recent drone incursions into Baltic countries are not “isolated incidents.” This comes as we report on today’s NATO military drills just 30km from Russia’s border.

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#EuropeToday

source

Another Europe News

Ukraine Corruption Fast Going Into The Past

Published

12 hours ago

June 3, 2026

euronews

Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration addresses corruption concerns and believes this is something fast going into the past.

Tune in to #12MinutesWith tonight at 2030 CET for the full interview on Euronews.

source

Another Europe News

EU should have “condemned the Iran war,” MEP Botenga says

Published

14 hours ago

June 3, 2026

euronews

“EU top officials should have condemned the #Iran war and the war crimes, and favoured diplomacy.”

Reacting on #EuropeToday to the US–Iran ceasefire deal agreed overnight, MEP Marc Botenga also lamented that the EU did not condemn the strike on an Iranian school that killed around 160 people.

Full interview: https://l.euronews.com/eSt9

source