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                             May 1, 2024

       Anna Cross
       Group Finance Director
       Barclays PLC
       1 Churchill Place
       London E14 5HP, England

                                                        Re: Barclays PLC
                                                            Form 20-F for for
the fiscal year ended December 31, 2023
                                                            Response dated
April 19, 2024
                                                            File No. 001-09246

       Dear Anna Cross:

              We have reviewed your April 19, 2024 response to our comment
letter and have the
       following comments.

              Please respond to this letter within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe a
       comment applies to your facts and circumstances, please tell us why in
your response.

              After reviewing your response to this letter, we may have
additional comments. Unless
       we note otherwise, any references to prior comments are to comments in
our April 5, 2024 letter.

       Form 20-F for the fiscal year ended December 31, 2023

       Financial Review, page 300

   1.                                                   We note your proposed
revised disclosure clarifies that only the overall net risk of
                                                        Barclays is hedged with
external derivatives and that the structural hedge is a part of the
                                                        overall risk management
activities which include non-structural hedging and offsetting
                                                        flows from other risk
management activities. Please tell us in detail and revise your
                                                        proposed disclosure
related to the impact of the structural hedge on net interest income to
                                                        clarify if these
amounts are based on the net risk managed with external derivatives or
                                                        whether the amounts
relate to the gross risk managed internally with the Treasury. If it
                                                        represents the gross
risk managed internally, please explain to us why you believe this is
                                                        the relevant metric
considering the guidance in paragraph 6.2.3 of IFRS 9 and considering
                                                        that the financial
impact of internal hedges is eliminated and therefore this disclosed
                                                        impact is not reported
in consolidated Group net interest income.
   2.                                                   We note your proposed
revised disclosure that net structural hedge contributions of
 Anna Cross
Barclays PLC
May 1, 2024
Page 2
           (8,209)m (2022:   (1,544)m) are included in Group net interest
income. Please tell us
         whether these amounts represent the net losses transferred from Other
Comprehensive
         Income and represent the net gains or losses recognized in the income
statement related to
         the structural hedge. If the amounts do not represent that, please
clarify for us what they
         represent and how they were calculated and tell us why you believe
this information is
         more relevant for investors as compared to the amount recognized in
the income statement
         related to the structural hedge.
3.       Please tell us and revise your proposed revised disclosure to clarify
in which line item
         (e.g., interest and similar income or interest and similar expense)
gross and net structural
         hedge contributions are recognized.
4.       We note you disclose gross structural hedge contributions which
represent the absolute
         interest income earned from the fixed receipts on the swaps in the
structural hedge. Please
         explain to us how management uses this metric and why management
believes this metric
         provides useful information for investors.
5.       We note the statement in your response that    these derivatives are
accounted for under
         IFRS 9 mandatorily at fair value through profit and loss.    We also
note the statement in
         your response that the net externalised position is captured within
the cash flow hedge.
         Please clarify for us, which derivatives you are referring to as being
accounted for as
         mandatorily at fair value through profit and loss and reconcile that
statement with other
         statements in the response and proposed revised disclosure that
appears to state that the
         structural hedge is accounted for as a cash flow hedge in other
comprehensive income.
       Please contact Benjamin Phippen at 202-551-3697 or Michael Volley at
202-551-3437 if
you have questions.



FirstName LastNameAnna Cross                                    Sincerely,
Comapany NameBarclays PLC
                                                                Division of
Corporation Finance
May 1, 2024 Page 2                                              Office of
Finance
FirstName LastName