Taken 9-Nov-13
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Dimensions6346 x 4235
Original file size1.06 MB
Image typeJPEG
Color spacesRGB
Date taken9-Nov-13 10:23
Date modified17-Nov-13 11:29
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Camera makeNIKON CORPORATION
Camera modelNIKON D800E
Focal length250 mm
Focal length (35mm)250 mm
Max lens aperturef/5.7
Exposure1/50 at f/5.6
FlashNot fired, compulsory mode
Exposure bias0 EV
Exposure modeAuto
Exposure prog.Shutter priority
ISO speedISO 1000
Metering modePattern
Digital zoom1x
Closing Barclays branches is a 'necessity'

Closing Barclays branches is a 'necessity'

15 November 2013 Last updated at 11:47 GMT

Barclays Bank is planning to cut 1,700 jobs from its network of British branches - about 5% of its total workforce.

The UK's second largest bank says it is seeking to make the cuts through voluntary buy-outs. It currently employs 33,600 people at 1,577 branches in the UK.
Speaking to the Today programme, Douglas Blakey, editor of Retail Banker International, said that Barclays is not alone in this.
He explained that HSBC has already made job cuts and this is an "ongoing trend".
"I would say this wasn't a mistake for Barclays, it is a business necessity," he said.
Mr Blakey thinks banks need to "right size" their branches, because they are not needed as much with the advent of mobile and internet banking.