Leading investors tell Sky News that a protest vote over the bank's £2.4bn bonus pot is "inevitable" given the fall in profits.

Barclays is facing a battle to avert a mass revolt of its leading investors at this year's annual meeting amid fury over the £2.4bn bonus pool announced this week. Sky News has spoken to a number of Barclays' biggest shareholders who have warned in recent days that they are unlikely to be dissuaded from voting against the bank's remuneration report or individual directors involved in setting pay. They are furious that Antony Jenkins, the chief executive, announced this week that bonus payments for 2013 were 10% higher than the previous year despite a slump in profits from £7bn to £5.2bn. Investors will not cast their votes until much closer to Barclays' annual meeting on April 25, but three big City institutions said a major revolt looked "inevitable".....Read more here