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Halifax-hopes-to-buy-up-to-40-Woolwich-branches

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Halifax hopes to buy up to 40 Woolwich branches

Halifax yesterday said it hoped to buy up to 40 branches of the Woolwich.

Last month Barclays announced the closure of its Woolwich mortgage business and the loss of up to 200 branches. The bank's property agents are understood to have received several offers to buy branches, but Halifax is the first to publicise its intentions.

Halifax, which announced in March plans to open 100 new branches across London and the south over five years, said it had approached Barclays with a view to buying principally in the south of England. Barclays described the offer as premature.

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