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Barclays under fire for Middle East deal
Barclays under fire for Middle East deal
Last Modified: 31 Oct 2008
By:
Siobhan Kennedy
Barclays has gone to state investment funds and royal families of Qatar and Abu Dhabi for billions of pounds.
They are now likely to end with a huge stake in the bank, but the deal has not gone down well with investors who believe Barclays has paid over the odds to avoid taking government money.
Peter Mandelson speaks to Krishnan Guru-Murthy
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