Barclays AI Push as Profit Jumps 13%, CEO Gets £15m Pay
Barclays accelerates AI integration for efficiency after £700m cost savings, with CEO Venkatakrishnan receiving a £15m pay package and profits rising 13% to £9.1bn.
Category : Business
HMRC: Claim £2,242 Child Trust Funds in Five Minutes
HMRC reveals 758,000 young people have unclaimed Child Trust Funds averaging £2,242. Experts say claiming takes just five minutes and could fund apprenticeships or education.
AA: Press This Button to Cut Fuel Costs Instantly
The Automobile Association has shared expert guidance on reducing fuel consumption, highlighting one commonly used button that drivers should deactivate to save money on petrol bills immediately.
Capri's Luxury Crumbles Under Mass Tourism Onslaught
The once-exclusive Italian island of Capri, famed for celebrity visitors like Jackie Kennedy, now battles overtourism with strict new visitor limits and bans to preserve its tranquility.
Cuba Flights Grounded Amid Severe Fuel Shortage Crisis
Cuba faces severe disruption with flights cancelled and power outages due to fuel shortages from US sanctions, prompting travel warnings and airline adaptations.
Minnesota Economy in Crisis Amid Federal Immigration Crackdown
Small businesses in Minneapolis and St Paul are suffering severe losses, with owners reporting revenue drops up to 65% and closures due to fear from ICE operations, threatening the region's immigrant-driven economy.
UK to Lower Train Driver Age to 18 Amid Workforce Shortage
The UK government will lower the minimum train driver age from 20 to 18, effective June 2026, to address a critical workforce shortage with 25% of drivers retiring by 2030.
John Lewis to Transform 32 In-Store Restaurants by 2027
John Lewis partners with Benugo to overhaul 32 in-store restaurants, introducing new menus with pizza, deli, and bakery options using locally-sourced ingredients.
Supporting Adult Children Without Harming Your Financial Future
Financial experts reveal strategies for parents to help adult children with major expenses like property deposits and weddings while safeguarding their own retirement and financial security.
UK Tourist Pulled Off Flight in Mexico Over Admin Error, Left Stranded
A British backpacker's dream trip ended in chaos when she was escorted off a plane in Mexico City due to a missing exit stamp, leaving her stranded for days without funds.
Marubeni Buys Gola in £46m Deal for Global Brand Revival
Japanese conglomerate Marubeni has acquired iconic British footwear brand Gola as part of a £46m deal, with plans to revitalise the heritage label in the UK and push it aggressively in the US market.
Lidl Raises UK Wages to £13.45 and Doubles Paternity Leave
Lidl invests £29 million in UK staff wages, raising hourly pay to £13.45 and doubling paternity leave, positioning it as the highest-paying supermarket in Britain.
Martin Lewis: Spend Retirement Money Without Guilt
Money Saving Expert Martin Lewis advises retirees to enjoy their savings now while planning for the future, as state pension changes loom from 2026.
Primark's £8 Floral Wreath Wins Over Shoppers for Spring
Primark's £8 Faux Floral Spring Half Wreath is captivating customers with its vibrant colours and budget-friendly price. Shoppers praise the 'pretty' and 'cute' design, which adds a splash of spring to front doors.
Primark's £9 Lace Vest Tops Spark Spring Fashion Frenzy
Primark has launched a new £9 lace-trim vest top in six colours, hailed as perfect for spring. The affordable fashion item is currently only available in UK stores, not online.
Boots' £10 Sale: Viral-Style Glycolic Pads Hit Shelves
Nip+Fab Glycolic Fix Daily Cleansing Pads, rivaling popular Medicube pore pads, are discounted to £10 in Boots' weekly sale, with users reporting 'insane' exfoliation results.
Europeans Shun US Travel as Emirates and Asia Gain Popularity
Europe's largest travel operator Tui reports significantly lower demand for US holidays amid Trump-era immigration concerns, with growing bookings to the Emirates, Asia, and the Caribbean.
Illegal Melatonin Sales Found on Amazon, eBay, Etsy
Consumer watchdog Which? warns of illegal melatonin supplements sold on platforms like Amazon and eBay, with some containing dangerously high doses up to 30mg.
Aldi Valentine's Meal: Dessert Mishap Mars Romantic Dinner
A review of Aldi's budget Valentine's Day meal deal reveals incredible value with standout dishes, but a microwave explosion and underwhelming cookie nearly ruin the experience.
LK Bennett to Close All UK Stores After Administration
Fashion retailer LK Bennett will close all nine standalone stores by spring 2026 after entering administration, risking 89 jobs. The brand was acquired but physical shops were excluded.
BP Halts Buybacks, Ramps Up Cost-Cuts as Profits Fall
BP reports a 16% drop in annual profits to $7.49 billion, suspends share buybacks and increases cost-saving targets to $5.5-6.5 billion amid falling crude prices.
M&S Only Ingredients Range: One Product Worth Every Penny
A review of Marks and Spencer's Only Ingredients range reveals whether limited ingredients compromise taste, with one item proving exceptional.
Telstra Axes 200+ Jobs Amid AI Rollout and Offshoring
Telstra announces 209 job cuts as it implements AI capabilities and moves roles offshore following a $700 million joint venture with Accenture, aiming for efficiency and modernisation.
Tesco to Extend Clubcard to Under-18s After Which? Pressure
Tesco confirms it is actively reviewing its Clubcard scheme with the intention of making it available to under-18s this year, following criticism from Which? over unfair exclusion of younger shoppers.
China's Lunar New Year Travel Rush Begins with Record Trips
China's Lunar New Year travel rush has commenced, with an unprecedented 9.5 billion trips expected over 40 days. Hundreds of millions are journeying home despite economic challenges, highlighting the festival's cultural significance.
Honda Profits Fall 42% Due to Trump Tariffs and EV Slowdown
Honda reports a 42% profit drop for nine months through December, citing US tariffs and a cooling electric vehicle market. The automaker lowers its EV sales target and cancels some models.
Pressure Mounts Over £760 Car Tax Trap Forcing Vehicle Scrappage
A petition demanding a 50% Vehicle Excise Duty cut for cars aged 20-39 years has gained significant traction, forcing Treasury response as thousands of functional vehicles face scrapping due to prohibitive tax rates.
Barclays Profits Jump 13%, Plans £15bn Shareholder Returns
Barclays reports a 13% rise in annual pre-tax profits to £9.1bn, driven by corporate and investment banking. The bank announces plans to return over £15bn to shareholders through dividends and buybacks by 2028.
BP Halts Share Buy-Backs as Profits Slide to $7.5bn
BP has suspended share buy-backs after reporting weaker annual profits, with underlying earnings falling to just below $7.5bn for 2025. The oil giant faces pressure as it aims for a turnaround under new leadership.
BP Halts Buybacks, Boosts Savings as Profits Fall Sharply
BP has paused its share buyback programme and increased cost-saving targets after reporting a 16% drop in annual profits for 2025, driven by lower crude oil prices and market volatility.
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