Barclays at it again!

[oliverson]

Permie redundancies taking place yesterday at their investment banking arm.

Next up, rate cuts?

[northernladuk]

I don't really see the correlation. Show me a major client that doesn't seem to be in a continuous redundancy cycle of some kind.

[Montyuk]

It's pretty normal and if barclays wants to rate cut that's their choice. Again not all contractors even those on high rate will be cut.