Author Archives: roodee
Barclays shares drop 7% after profits disappoint
Shares in Barclays tumbled 7% after its third-quarter profits figures came in below analysts’ expectations. Profits for the period were up by 31% to £1.1bn, giving the bank a profit for the nine months so far of £3.4bn. But its …
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Earnings fall for first time in three years
Official figures show wages fell in real terms by 0.4% in the year to April 2017. The Office for National Statistics (ONS) said this was the first fall in three years. It says that although wages rose by 2.2% in …
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