CompaniesJul 29 2015

Barclays profits up 11% but redress provisions rising

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Barclays profits up 11% but redress provisions rising

Barclays’ half year report has revealed 11 per cent growth in group adjusted profit before tax to £3.7bn in the six months to the end of June, although the bank still had to set aside significant sums for litigation and redress on either side of the Atlantic.

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