Barclays profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

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Guardian Business

Barclays profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live

French risk premium over German bonds widest since 2011 as oil prices climb above $111 a barrel Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Barclays’ profits jumped in the last quarter and it handed more cash to shareholders as further bank taxes looms in John Healey’s budget next Wednesday. I am pleased with the ongoing momentum of Barclays’ operational…