A third of shareholders at Barclays failed to back the bank's remuneration report for 2013 at its annual meeting today, among them F&C and Standard Life Investments, as investors vented their anger at an increase in its bonus pool while the firm's profits fell.

Overall, 20.8% of the investors who registered a vote on Barclays' 2013 pay policy voted "no", and 13.3% recorded an abstention. Only 65.9% voted yes - the lowest vote in favour recorded at the AGM.