Barclays boss gives up '£1m' bonus

Barclays chief executive Antony Jenkins is to waive his bonus for 2012 after a "very difficult" year for the scandal-hit bank.

Mr Jenkins, who took on the role last August, said it was "only right that I bear an appropriate degree of accountability" following a year of devastating reputational blows for the group, including its £290 million settlement for Libor rate rigging.

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