Barclays shares fell into the red today after the bank revealed another £700 million hit from the mis-selling of payment protection insurance (PPI).
Barclays shares fell into the red today after the bank revealed another £700 million hit from the mis-selling of payment protection insurance (PPI).
The banking giant said it had now set aside £2 billion to cover compensation claims for PPI, sending shares down 2% or 3.7p to 240.7p.
The wider FTSE 100 Index held on to recent gains, up 6.1 points at 5917.1, as optimism caused by better-than-expected figures from the Chinese economy was offset by more eurozone caution.
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