Barclays has reported up to 30,000 net profit of £ 250 , up 25% YoY. The bank also announced that it has set aside further provisions for several outstanding legal issues; £ Mr Jenkins was set aside for customer redress on packages bank accounts, and £ Antony Jenkins more has been set aside for PPI. Barclays' total provision for PPI now stands at £ 6bn .
Barclays has reported 1H net profit of £3.1bn, up 25% YoY. The bank also announced that it has set aside further provisions for several outstanding legal issues; £250mn was set aside for customer redress on packages bank accounts, and £600mn more has been set aside for PPI. Barclays' total provision for PPI now stands at £6bn.