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Barclays increases bonus pool by nearly 30% as calls grow for UK bank tax

The Guardian UK Tuesday 28 July 2026, 07:10 UTC By Kalyeena Makortoff Banking correspondent 1 min read
Key Points

TUC leader says lender’s ‘bonanza’ quarterly profits of £3.3bn mean it ‘can easily afford to pay more tax’Business live – latest updatesBarclays has increased its banker bonus pool by nearly 30% after a rise in second-quarter profits that has fuelled calls for a tax raid on UK lenders to help fund Andy Burnham’s spending plans. Fresh corporate filings released on Tuesday showed the bank put £1.3bn towards its bonus pool for the first half of the year. That figure, which includes annual and...

TUC leader says lender’s ‘bonanza’ quarterly profits of £3.3bn mean it ‘can easily afford to pay more tax’

Barclays has increased its banker bonus pool by nearly 30% after a rise in second-quarter profits that has fuelled calls for a tax raid on UK lenders to help fund Andy Burnham’s spending plans.

Fresh corporate filings released on Tuesday showed the bank put £1.3bn towards its bonus pool for the first half of the year. That figure, which includes annual and deferred bonuses, was up from £1bn last year.

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Barclays (ORG) UK (LOCATION) TUC (ORG) Andy Burnham’s (PERSON)
Originally published by The Guardian UK Read original →

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