Barclays chairman 'truly sorry' for rate-fixing scandal


The outgoing chairman of Barclays, Marcus Agius, says he is "truly sorry" for the rate-fixing scandal.

Mr Agius is stepping down from his post at Barclays and as Chairman of the British Bankers Association, less than a week after the bank was fined almost £300 million for fixing an inter-bank interest rate.

Barclays has promised a "root and branch review" of its business practices following the revelations.

Hugh Pym reports.

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