Barclays warns pandemic could cost it £2.1bn
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Barclays has warned the coronavirus pandemic could cost it some £2.1bn, largely due to customers being unable to repay their loans.
The firm said it was setting the money aside to cover its “initial estimates” of the impact of the virus.
The impairment charge meant its profits for the first three months of 2020 dived 38% to £913m, it said.
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