Barclays Reports 12% Decrease in First Quarter Profits Due to Drop in Mortgage Lending and Deposits Barclays, one of the UK’s largest high street banks, has announced a 12% decline in profits for the first three months of the year. The company reported a group pre-tax profit of £2.3bn, down from £2.6bn during the same period last year. Although this figure was slightly higher than analysts’…
