Barclaycard Reports 'Muted' Pounds 801m Yield

Daily PostFebruary 11, 2005

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Summary


LIVERPOOL-BASED Barclaycard yesterday reported pre-tax profits of pounds 801m for 2004 - 5% up on 2003.

The growth was described as "muted" compared to previous years by Barclays group chief executive John Varley.

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Extract


Barclaycard Reports 'Muted' Pounds 801m Yield

He said: "This was partly because the interest rate was tougher and partly because we continu...

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