THE TELEGRAPH: Barclays shares tumbled in the last hour of trading on the FTSE 100, leaving the stock down 25pc on the day and more than 40pc on the week.
Shares in the high street lender - one of the few not to have asked the Government for more capital - ended down 32 to 98p. Shares in rivals were also hit, with Royal Bank of Scotland sliding 13pc to 34.7p, Lloyds TSB 5pc to 98.4p and HSBC 2pc to 535p.
The final hour marked a dramatic reversal of the day's earlier trading which had seen Barclays' shares up 5pc and RBS 9.5pc on hopes governments on both sides of the Atlantic will provide more capital to the battered sector. >>> By Graham Ruddick | Friday, January 16, 2009
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