High Street banking group Barclays said it had made a solid start to the year but warned bad debt provisions were higher than a year ago.
Shares in the bank fell as the caution cast a cloud over news of growth across the group's core business.
In a statement ahead of its interim results in August, Barclays said operating profits in the first quarter were up on a year ago.
Savings and mortgage lending were up, business banking had recorded solid growth and Barclaycard was also ahead.
But costs were also ahead and this spooked investors.
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