Barclays jumps ahead of forecasts with £2bn profits

The banking giant’s profits jumped 6% on last year’s £1.9 billion and beat the consensus of £1.8 billion for the period.

Banking giant Barclays has overtaken market expectations and reported pre-tax profits of £2 billion for the third quarter (Yui Mok/ PA)

By Anna Wise, PA Business Reporter

Banking giant Barclays has overtaken market expectations and reported pre-tax profits of £2 billion for the third quarter.

Its profits jumped 6% on last year’s £1.9 billion and beat the consensus of £1.8 billion for the period.