The Libor-rigging scandal and provisions to cover mis-selling claims for payment protection insurance and interest rate swap products mean bottom-line pre-tax profits are expected to slump from £5.9 billion in 2011 to below £1 billion.
Stripping out one-off factors, analysts expect profits of £7.18 billion for 2012, up 28% on 2011, with more than half of this expected to come from its investment banking division.
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Net migration to the UK hit 333,000 in 2015, the second highest level on record, according to the Office for National Statistics.
The rights of students to use the toilets and changing rooms that match their gender identity are being challenged by 11 US states.
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