The UK’s fourth largest bank blamed the Argentinean economic crisis for its rise in provisions saying it had to set aside about £104m against loans to the beleaguered South American country, and loans to five large corporates in the energy and telecommunications sectors.
The bank also said it had been hit by the impact of the volatile stock markets on its life assurance funds.
Barclays is the first of the high street banks to publish its half-year results
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements