Page last updated at 15:37 GMT, Thursday, 18 March 2010

Barclaycard confirms Glasgow job losses

Barclaycard confirmed the job losses following a three-month consultation

Barclaycard has confirmed that it is to close an office in Scotland with the loss of about 350 jobs.

The company revealed plans to relocate its loan centre Barclays Partner Finance in Glasgow to other sites in the UK last December.

It has now confirmed the decision following a three-month consultation involving employees and other parties.

Staff will be offered transfers to other parts of group, including Barclays Wealth in Glasgow.

The company said the creation of new positions at its other UK centres would result in the net loss of about 50 jobs.

'Difficult decision'

Neil Radley, managing director of International Consumer Lending at Barclaycard, said: "This has been a difficult decision to make and I understand how hard it is for our colleagues here in Glasgow.

"I've spoken to them today to explain our plans and to tell them about the comprehensive package of advice and support we'll make available to each and every one of them.

"Barclaycard is constantly reviewing how we work and although this is tough, it will ultimately ensure that we can use resources more effectively and efficiently."

The Glasgow operation, at Academy Park on the city's south side, handles loans arranged at the point of sale in shops.

It is expected it will close by this summer, with most of the work done there being transferred to Barclaycard's secured loans business in Cardiff.

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