Barclays share price why is it falling

The profit figure, representing Barclays' best quarterly performance for 13 years, came as chief executive Jes Staley adopted an upbeat tone about the months ahead for the economy. Mr Staley followed other recent forecasts in predicting the strongest annual growth for the UK since the s - after it suffered its biggest collapse for three centuries last year.

He said that spending data collated by the bank meant it was "already seeing encouraging early signs of recovery in some sectors, including those hardest hit by the pandemic". HS2 extension to Leeds could be mothballed as rail review published next week. However the bank adopted an apparently more cautious stance than rivals such as HSBC , Lloyds and Natwest , which have been starting to claw back some of the billions set aside to cover losses from loans going bad during the pandemic.

Until the dividend outlook is resolved, banks are mystery stocks. Next, by contrast, is in far greater control of its destiny. The picture has improved radically since April, when the shops were shut and an annual loss was predicted. Now the clothing retailer expects a profit , albeit the range of plausible outcomes is still wide.

Investors are shown the effects of all manner of factors. That saves Next a few million quid on handling costs. Do all retailers run such financial analyses? If they do, they never share them with investors. They should. It gives the impression that management knows which levers to pull in a crisis. This article is more than 1 year old. Shares Investor Webinar Wednesday 1 December Previous Events. Showing 1 to 20 of Sign up to our daily email Subscribe now.

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