Due Diligence bad debts

Barclays Warn Bad Debts Could Lead to Cuts

Barclays have warned that they face making cost cuts as a direct result of the economic impact of the Coronavirus pandemic as their bad debt provisions are pushed to £4.3 billion.  The bank beat profit forecasts for the third quarter of 2020 however have put aside a further £608 million to help cover a potential…

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