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Barclays to cut 3,700 jobs

Barclays has said it will cut 3,700 jobs after pre-tax profits slumped to £246 million in 2012 from £5.9 billion a year earlier.

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Barclays reveals staff bonus pool down 16% for 2012

Barclays revealed its annual results for 2012 today. Credit: Dominic Lipinski/PA Wire

Barclays said its staff bonus pool was down 16 percent for 2012, with employees receiving £13,300 on average and staff in its investment bank getting an average of £54,100.

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