Barclays boss explains additional 7,000 job cuts

Barclays chief executive Antony Jenkins has said that the bonus pool will shrink following the axing of 7,000 jobs at its troubled investment bank, but insisted the cuts were the right thing to do as it moved to tailor the business to customers' needs. Report by Barnesj. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn