Barclays targeting RoTE of greater than 10% in 2024

Returns: targeting RoTE of greater than 10% and c.10.5% excluding inorganic activity; Income: targeting Barclays Group NII excluding IB and Head Office of c.GBP 10.7bn, of which Barclays UK NII of c.GBP 6.1bn; Costs: targeting Group cost: income ratio of c.63%, which includes c.GBP 1bn of gross efficiency savings in 2024; Impairment: expect an LLR of 50-60bps through the cycle; Capital: expect to operate within the CET1 ratio target range of 13-14%.