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Technology continues to reduce business travel

Research out today has revealed that technology has reduced the need to travel for nearly half (46%) of business travellers, according to the Barclaycard Business Travel Survey. The biggest impact has been seen by those in senior positions, with 56% of CEOs and 52% of FDs using tools such as video conferencing to reduce their need to travel.

Business travel decreases

New research out today reveals that the time spent travelling for business has decreased for the first time in three years, according to the annual Barclaycard Business Travel Survey. A quarter of workers who travelled less in 2003/04 than the previous year attribute this decline to the introduction of new technology, reducing their need for as many face to face meetings.

BARCLAYS ANNOUNCES SENIOR APPOINTMENT

Barclays PLC announces the appointment of Rich Ricci as Chief Operating Officer of Barclays Capital and Barclays Private Clients. Based in London, he will report to Robert E. Diamond Jr., head of the bank's wholesale and institutional businesses.

BARCLAYS LAUNCHES UNIQUE CHILD TRUST FUND PRODUCT

Barclays has today announced details of its unique equity tracker Child Trust Fund which will be available in branches from January 17, 2005, the day Government vouchers start hitting the doormats of eligible parents.