Barclays to cut 1,700 branch jobs next year

There are 1,577 Barclays branches in the UK which employ 33,600 staff, meaning the job cuts are the equivalent of one staff member per branch. Cuts will come from all sectors including cashiers, personal bankers and branch managers. Barclays has launched a voluntary redundancy scheme for staff and said staff were "fully consulted" on the changes. The bank said more people were now using banking services online or via their smartphones which meant less demand for branches. Union Unite said the cuts would be "detrimental" and "challenging" for the remaining staff and that customer se...