Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – as it happened

Oil prices rise to five-month high amid Houthi attacksYou be the chancellor: play our budget game to see if you can balance the booksMaritime and port workers: how is the Middle East conflict affecting you?The French 10-year government bond yield has risen above the equivalent US Treasury yield for the first time since 2013.The French yield, or interest rate, jumped 10 basis points to 5.09% this morning, while the 10-year US Treasury yield fell 4bps to 5.07%.I am disappointed and you can be sure this will get my attention. Continue reading…