Ex-Barclays Boss Bob Diamond will receive full salary

Ex-Barclays boss Bob Diamond will receive his salary and benefits worth in excess of £2m, but has given up bonuses worth up to £20m after resigning amid the bank Libor scandal.

Barclays executive chairman Marcus Agius, being questioned by MPs about the scandal, said Mr Diamond had given up his bonus voluntarily.

Mr Agius also resigned but agreed to stay on to find Mr Diamond's successor.

Hugh Pym reports.