Thanks Ryan,
That looks like it will remove all links from the file. I need to remove the links to a specified domain. Using your code I tried this:
$url = 'http://www.phpbuilder.com';
$Text = '<a href="http://www.phpbuilder.com" ......>anchor text</a>';
$Text = preg_replace('#<a(.+?)(.*)'.$url.'(.*)<\/a>#', '', $Text);
It seems to work ok, or can it result in unexpected behavior?