UK bank Barclays has reported a pre-tax statutory loss of £47m for the three months to September, against a £2.4bn profit for the quarter last year. The loss comes after charges to cover the payment protection insurance (PPI) mis-selling scandal. Barclays' adjusted profits, not including additional charges, were £1.7bn, up from £1.3bn for the quarter last year. It takes profits for the nine months to 30 September to £5.9bn, up 18%. The bank said it needed to set aside a further £700m for PPI claims, on top of £1bn in 2011 and £300m in the first quarter of this year that it anticipated. Chief executive Antony Jenkins said the results show "good momentum in our businesses despite the difficulties we faced through this period". Mr Jenkins took over at a difficult time for the banking group, which has seen its reputation severely dented. In June, Barclays was fined £290m by UK and US regulators for attempting to manipulate Libor, an interbank lending rate which affects mortgages and loans.....Read more here: BBC News - Barclays bank in quarterly loss