The Bank of England has welcomed Barclays' new capital plan to meet City regulator demands to shore up its finances.
Following constructive discussions, the PRA has agreed and welcomes Barclays capital plan, announced today.
We have considered all elements of the plan, including new capital issuance, planned dividends and management actions to be taken and, based on Barclays' projections, conclude that it is a credible plan to meet a leverage ratio of 3%, after adjustments, by June 2014 without cutting back on lending to the real economy.
More top news
A farmer has welcomed a herd of alpacas to his farm this Christmas to protect his flock of 24,000 free-range turkeys from fox attacks.
Paloma Faith has praised the NHS after undergoing an emergency caesarean section during the birth of her first child.
As ITV News reports on the environmental impact of over packaging, we ask you to share your pictures of retailers' overzealous packing.