Barclays cuts another 2,100 jobs

Barclays says it will cut 2,100 jobs from its UK banking business, in addition to the same number of jobs it cut on Tuesday.
The latest jobs will go in retail and commercial banking. The company said it hoped to avoid compulsory redundancies.
Like many banks worldwide, Barclays has been hit hard by the credit crunch.
According to the Centre For Economic and Business Research, 34,000 financial sector jobs could be lost this year after 28,000 were cut in 2007.

It is unclear how this will effect the Channel Islands...