June 25: Barclays launches cash call

Barclays, the UK bank, has unveiled its long-expected share sale to raise £4.5bn and bring in new investors, which include the Qatar Investment Authority and Japan's Sumitomo Mitsui Banking Corporation. Maggie Urry, senior companies reporter, talks to Daniel Garrahan about what the move is designed to do, who the new investors are why Barclays is happy with its current level of writedowns.