Woolwich to disappear from high street

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The Woolwich is to disappear from UK high streets under plans announced yesterday by parent company Barclays Bank.

Barclays says the Woolwich brand will not completely disappear but will be incorporated into new and existing Barclays branches where it will continue to act as a mortgage provider. The bank says sustained development of its mortgage business, marketed under The Woolwich brand, is one of its highest priorities adding it has already increased productivity and made a multi-million pound investment in advertising and marketing of the Woolwich brand this year. Over the next 18 months the Woolwich will become the Barclays UK banking mortgage product brand, moving in-store in all branch locat...

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