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Old 02-09-2009, 12:26 PM
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Post Barclays reports 14% fall in profits

Barclays Bank has announced a full year pre-tax profit of £6.08 billion for the 2008 year - this represents a fall of 14% compared with the 2007 year. However, the profits still exceeded analysts’ expectations.The bank has also announced £5.4 billion of write-downs (nearly double a year earlier) and has cancelled its final dividend and [...]

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