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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&rsquo;s final salary pension scheme.<br /><br />Staff gathered outside the bank&rsquo;s extraordinary general meeting to protest against the scrapping of the plan, which has a &pound;3.5bn deficit.<br /><br />But chairman Marcus Agius said the bank was considering &ldquo;enhancements&rdquo; to its pension arrangements for staff, with a two-month long consultation process due to end today.<br /><br />One shareholder suggested that the bank&rsquo;s executives donate their bonuses to the pension scheme.