Barclays shareholders to receive £800m as Covid payout curbs scrapped
Bank’s pre-tax profits rise to £2.6m in second quarter after lifting of most UK lockdown restrictions
Barclays shareholders are in line for a payout of more than £800m from dividends and share buybacks after a rise in profits as the UK economy recovers from the coronavirus pandemic.
Barclays is the first major UK bank to hand money back to investors since the Bank of England scrapped the remaining Covid restrictions on shareholder payouts, which were introduced by the central bank at the start of the pandemic last year.
Source: Business – The Guardian