Barclays set to unveil hefty cash payout alongside big restructuring, say reports

Barclays PLC (LSE:BARC) (Barclays PLC (LSE:BARC)) results tomorrow will be accompanied by a strategic review of the business and the results might not be pretty. Hargreaves believes there will be a focus on cost reduction rather than material business changes, especially in the UK which sits well above peers on a cost-to-income basis. That will mean job cuts, potentially in the much-debated investment bank, and to soften the blow a big hand-out to investors. Press drops at the weekend suggested this might i ...