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Barclays bank announces a £6 billion profit for 2010

Barclays has reported a 32% rise in profits and a jump in salaries.

Pre-tax profits of more than £6 billion were mostly driven by Barclays Capital the investment bank.

Despite honouring its agreement with the government to cut bonuses overall staff costs have increased but Barclays denies boosting salaries to compensate for smaller bonuses.

Robert Peston reports.

  • 15 Feb 2011
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