By Lars Mucklejohn Higher interest rates generally raise bank profits, but that is not likely to be the case for Barclays. The bank is expected to report a decline in annual profitability when it publishes its numbers for 2023 next Tuesday due to costly restructuring plans. A £825m restructuring charge will drag pretax profit down to £6.7bn for 2023, compared to £7bn in 2022, according to company-compiled analyst estimates. If the group hits these targets, it will be the only one of the Big Four high street banks to report a decline in profits for 2023. The bank announced its restructuring pla…