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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/barclays-set-to-axe-1000-jobs.jpg"><img class="alignnone size-full" title="Barclays is to move away from offering financial planning advice through its retail branches, which will lead to around 1,000 job losses" src="http://londonglossy.com/wp-content/uploads/2011/01/min-barclays-set-to-axe-1000-jobs.jpg" alt="Barclays is to move away from offering financial planning advice through its retail branches, which will lead to around 1,000 job losses"/></a></p>
<p>Banking giant Barclays is to move away from offering financial planning advice through its retail branches, likely to lead to around 1,000 job losses, it has been announced.</p>
<p>The bank said there had been a decline in the commercial viability of the services in recent years which it expected will continue.</p>
<p>Customers were increasingly buying and managing their investments online, said Barclays, adding it was proposing to offer retail investment services solely online.</p>
<p>&#8220;Barclays has been conducting a detailed review of its financial planning advice over recent months.</p>
<p>&#8220;This review has concluded that, given the changes to the retail investment market place, it is unlikely that this business would be able to deliver a return that would justify the investment required,&#8221; the bank said in a statement.</p>
<p>Union leaders said the move will lead to 1,000 job losses.</p>
<p>Rob MacGregor, national officer of Unite, said: &#8220;Barclays management should hang their heads in shame as 1,000 hard-working staff are told they no longer have a job at the bank.&#8221;</p>
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