Barclays Bank has decided it will not renew its £400m outsourcing deal with Accenture following its expiration in June, it has been widely reported.

The news comes a month after the financial services giant announced it would bring the management of it s desktop systems back in house.

The move will see 230 out of the 900 technology staff who moved to Accenture when the deal was signed in 2004, return to Barclays, according to Computer Weekly.com.

A spokeswoman at Barclays said: "We will not be renewing this as we are bringing the resource in-house."

The change followed a strategic review to ensure it had "the most efficient model that supports our business".

The partnership included application development and management of the bank’s UK-based commercial and retail banking systems in a bid to cut costs.