Barclays will spend more than £100m cutting high‑street roles as part of a major cost‑reduction drive, according to The Times. The FTSE 100 lender is set to be the first of the UK's big four banks to update investors on quarterly profits following reports that chancellor John Healey plans to raise taxes on the sector in his 28 October budget. Analysts expect Barclays to post around £2. 4bn of Q3 profit, up from £2. 1bn a year earlier, putting it on track for a record £10.
