Barclays hands £3 billion to shareholders despite profits decline

Barclays shares surged today as the bank unveiled an ambitious shake-up including plans to return £10 billion to shareholders in the next three years.

That will involve cost cuts of £2 billion and some inevitable job losses, though the bank declined to say how many more would come on top of 5000 cut last year.

The bank has just bought most of to expand in the . Questions