A third of people who work for Barclays investment bank will lose their job by 2016, the bank announced this morning.
As a group Barclays says the number of people who lose their jobs this year will rise to 14,000 (up from 12,000) as bank cuts costs.
More top news
Having now heard Theresa May's Florence speech, I have a bit more understanding why Boris Johnson cut up rough last weekend.
As Theresa May unveils plans for a two-year transition period, and Nigel Farage says she's 'betrayed' Leave fans...what do voters think?
A milder night ahead with patchy rain in the south giving a soggy and slow start to Saturday in places.