Profits soar 50% at Barclays Global Investors

Increased fees and commissions at Barclays Global Investors (BGI) helped fuel a 52% jump in pre-tax profits to £91m (€131m) during the first half of 2003, but the fund management arm of the UK bank still accounts for less than 5% of group profit.

The improved earnings came as group income rose 12%.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached