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2 August 2011
Last updated at 02:13 ET
Barclays has announced that pre-tax profits for the first six months of this year came in at £2.6bn, down 33% from the same period last year.
However, this includes a £1bn charge for settling claims of mis-selling of payment protection insurance (PPI).
Barclays is the second of the big UK banks to report results this week.
On Monday, HSBC reported pre-tax profits for the first six months of the year of $11.5bn (£7bn), up 3% from the previous year.
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However, this includes a £1bn charge for settling claims of mis-selling of payment protection insurance (PPI).
Barclays is the second of the big UK banks to report results this week.
On Monday, HSBC reported pre-tax profits for the first six months of the year of $11.5bn (£7bn), up 3% from the previous year.
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