Barclays and RBS suspend trading after shares dive

Barclays’ share price fell by 10.3% and RBS by 15%, triggering automatic circuit breakers that come into effect when share prices fall by more than 8%.

Barclays and RBS briefly suspended share trading after incurring heavy losses on the London Stock Exchange this morning.

Barclays’ share price fell by 10.3% and RBS by 15%, triggering automatic circuit breakers that come into effect when share prices fall by more than 8%.

The shares went offline for five minutes to prevent even higher losses.

Barclays was trading at 138.95p, down 9.76%, while RBS was trading at 178.14p, down 13.30%.