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Bank car bill puts profits in reverse

Daily Record

|

October 23, 2025

BARCLAYS BRACING FOR LOAN COMPO

BARCLAYS has revealed lower earnings after setting aside an extra £235million to cover compensating historic car loan customers.

The group also suffered a £110million hit linked to the collapse of US subprime lender Tricolor, as its boss stressed it was reviewing its loan book amid concerns over the private credit market.

Barclays made a pretax profit of £2.1billion for the third quarter, down 7 per cent on the year before.

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