The former chief executive of Barclays John Varley denied having “deceived” the blue-chip’s board regarding fees paid to Qatari investors during the bank’s emergency cash call during the financial crisis.

Varley, who was CEO from 2004 to 2010, gave evidence for a second day on 6 July in the £1.5bn High Court case. Financier Amanda Staveley is suing the FTSE 100 bank claiming that she got a worse deal than Barclays’ Qatari investors during its 2008 fundraising.