Barclays is beginning its cycle of slashing jobs, Chief Executive Officer C.S. Venkatakrishnan was probably relieved to be speaking about something else. Headline comments from Monday ICYMI:

  • 'We are near the end' of the Fed's monetary actions
  • Underlying economic trends in the US are healing

And, on the UK:

  • UK economy is 'some months behind' the US


ps. We'll get some substantial info out of the UK on Tuesday, jobs data for July:

uk jobs data 12 September 2023