Barclays annual profits fall to £5.4bn

Barclays has reported a fall in annual profits as it announced a group-wide shake-up and took a further hit for payment protection insurance (PPI) mis-selling.

Barclays annual profits fall to £5.4bn

Barclays has reported a fall in annual profits as it announced a group-wide shake-up and took a further hit for payment protection insurance (PPI) mis-selling.

The banking giant posted underlying pre-tax profits down 2% to £5.4 billion.

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