One industry source said he had been told by the bank that it didn?t want to put work worth more than 15% of turnover with any one company.
Another firm, Linney Print, which was among the nine not invited to the review, did £230,000 worth of work for Barclays last year.
Managing director Miles Linney said: "They've had to move quickly and the list may seem brutal. It's a shame we weren?t considered and it's a bigger shame that Barclays? team never visited the suppliers."
Aside from the selected suppliers, which will be announced at the end of August, existing companies that offer a niche service and are prepared to work on an ad hoc basis will still be used by the bank.
Story by Rachel Barnes
