LONDON (Reuters) - Barclays will cut about 100 million pounds ($127 million) of annual costs from its UK corporate banking business by 2026, it said on Tuesday, as part of wider cost-cutting plans announced in February.

The lender will continue to invest in the business, seeking to deepen lending relationships with corporate clients, the division's CEO Matt Hammerstein said.

($1 = 0.7865 pounds)

(Reporting by Lawrence White; Editing by David Goodman)