Barclays shares rise after review plans published

Barclays shares rose slightly to 302.85 pence shortly after market open today, after the bank announced its annual results for 2012 and plans to revamp its business.

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Barclays to cut 3,700 jobs

Barclays has said it will cut 3,700 jobs after pre-tax profits slumped to £246 million in 2012 from £5.9 billion a year earlier.