Barclays announce 17% profit fall in new interim results

Barclays has announced its adjusted pre-tax profits fell by 17% over the first six months of 2013 to £3.59 billion as the bank counted the cost of a group-wide restructure launched in the wake of its Libor rate-rigging settlement last year.

In new interim results, the bank has also set aside £2 billion for customer mis-selling, including £1.35 billion for payment protection insurance.

The group added set prices were at 185p for new ordinary shares.

Read: Barclays plan to raise £5.8bn to plug capital shortfall

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Barclays plans £5.8bn cash call

Barclays' shares have fallen 5% after it announced plans to raise £5.8 billion from shareholders. City regulators said the bank needed to raise £3 billion in reserve to cover their risks.