¥o part of this publication ­ay be reproduced or stored in a retrieval syste­ in any for­ or by any ­eans electrical ­echanical photocopyin„ or otherise ithout the prior consent of the publishers …he vies and forecasts presented in this report represent independent findin„s and conclusions dran fro­ a study by Critical Critical can accept no responsibility for any invest­ent decision ­ade on the basis of this infor­ation or for any o­issions or inaccuracies that ­ay be contained in this report …his report has been produced in „ood faith and independently of any operator or supplier to the industry ƒe trust that it ill be of si„nificant value to all readers …he vies expressed in this report are the vies of third parties and do not necessarily reflect the vies of Barclays Ban ŠŒC nor should they be ta en as state­ents of policy or intent of Barclays Ban ŠŒC Barclays Ban ŠŒC ta es no responsibility for the veracity of infor­ation contained in thirdparty narrative and no arranties or underta in„s of any ind hether expressed or i­plied re„ardin„ the accuracy or co­pleteness of the infor­ation „iven Barclays Ban ŠŒC ta es no liability for the i­pact of any decisions ­ade based on infor­ation contained and vies expressed in any thirdparty „uides or articles Barclays is a tradin„ na­e of Barclays Ban ŠŒC and its subsidiaries Barclays Ban ŠŒC is authorised by the Šrudential ˆe„ulation Authority and re„ulated by the ‘inancial Conduct Authority and the Šrudential ˆe„ulation Authority ¨‘inancial ‰ervices ˆe„ister ¥o 122702© ˆe„istered in €n„land ˆe„istered nu­ber is 102š1š7 ith re„istered office at 1 Churchill Šlace Œondon €1œ ‡Š te­ ˆef¡ B›š2š January 2017

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