Barclays take a dive January 17th, 2009
Shares in Barclays Bank led the charge south as shares fell sharply during the final hour of trading yesterday. The fall came amid fresh fears that the banking and financial sectors are going to hit new troubles. This despite Barclays cutting the wage bill by axing 4,000 jobs, ordinarily seen as a positive move by the city.
Share prices wern’t helped by the restriction on short selling being lifted. A practice seen by some as an immoral way of making a profit.
