Barclays' chief receives £6.5m bonus

Barclays’ chief executive Bob Diamond was confirmed as the UK’s best paid bank boss today – despite receiving a smaller-than-expected £6.5m (€7.5m) bonus for last year.

The payout, confirmed by Barclays in its remuneration report, is below the £9m Mr Diamond was reportedly in line to receive and includes no up-front cash.