Jermey Warner's Outlook: Barclays strikes more upbeat message

[Legal Beagles]

Don't believe all the doom and gloom you read in the press on the future of banking and the economy. That's the message from John Varley, chief executive of Barclays. Despite the sub-prime meltdown, profits at Britain's third largest bank remain relatively buoyant with the outlook, though not exactly upbeat, characterised as a good deal better than the bombed-out share price would suggest.


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