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Bank car bill puts profits in reverse
Daily Record
|October 23, 2025
BARCLAYS BRACING FOR LOAN COMPO
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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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