British banking chiefs take a leaf from Elon Musk’s DOGE Banking The chiefs of the UK’s Big Four banks are taking a leaf out of the Elon Musk playbook in their strident bid to slash costs. Natwest’s Paul Thwaite, Lloyds’ Charlie Nunn, HSBC’s Georges Elhedery and Barclays’ CS Venkatkrishnan are in the midst of major cost-cutting endeavours that bear similarities to Musk’s Department of Government Efficiency [...]
UK business openings fall to lowest level since 2010 Business New business openings across the UK hit their lowest rate in more than a decade last year.