Barclays is to merge all Woolwich and Barclays bank branches that are within about 300 yards of each other in a move that will see up to 200 outlets close.
It has decided to rebrand all 373 Woolwich branches as Barclays.
The company said combining properties next door to each other made sense because it freed up its ability “to grow and relocate branches over time where high streets have changed”.
Barclays will close three back-office centres over the next two years in Clacton, Essex, Dudley, in the West Midlands and Bexleyheath, in Kent.
References: Financial Times 29/06/06 page 19, page 20, The Times 29/06/06 page 46 (Need to know), page 48, The Daily Telegraph 29/06/06 page B2, page B6 (DataBase), The Guardian 29/06/06 page 1, page 24, page 26
