BARCLAYS TO SOOTHE STAFF
BARCLAYS said yesterday that it would sweeten its pension arrangements to placate irate staff angered by the closure of the firm’s final salary pension scheme.
Staff gathered outside the bank’s extraordinary general meeting to protest against the scrapping of the plan, which has a £3.5bn deficit.
But chairman Marcus Agius said the bank was considering “enhancements” to its pension arrangements for staff, with a two-month long consultation process due to end today.
One shareholder suggested that the bank’s executives donate their bonuses to the pension scheme.