Investors cheer Barclays overhaul but concerns raised over further job losses
Barclays has delivered a boost to its shareholders, but raised concerns over further job losses after setting out plans to overhaul the bank.
It is aiming to save about £1 billion from making the bank more efficient this year, and targeting about £2 billion worth of savings in total by 2026.
The fresh cost-cutting drive will see Barclays simplify its structure by reorganising divisions and putting less emphasis on its weighty investment
