Barclays boss could net £10m payout

Barclays boss Bob Diamond could receive a £10 million payout in the forthcoming bonus season, according to reports.

The Barclays chief executive - who was once dubbed the unacceptable face of banking by former business secretary Lord Mandelson - could receive a share award worth as much as seven-and-a-half times his £1.3 million salary, the Sunday Times said.