Bank bosses brace for interrogation in FTSE 100 lenders’ earnings season Banking Britain’s banking heavyweights are gearing up to report full-year earnings with top bosses set to face the crunch on the progress of their overhaul strategies. Lloyds chief Charlie Nunn will be the first of the City’s top bankers to go under the microscope when the FTSE 100 giant releases its annual report on 29 January. [...]
Hundred: Barclays replaces Tyrrells as London Spirit front-of-shirt sponsor Sport Business Banking giant Barclays has replaced Tyrrells crisps as the front-of-shirt sponsor of Hundred franchise London Spirit as new investors flex their new-found power. The upmarket crisp’s parent firm KP Snacks signed a multi-year deal to sponsor the eight Hundred franchises, using brands such as Hula Hoops and Butterkist to occupy prime advertising real estate. But [...]
Bankers and bots: City lenders to face scrutiny on AI ambitions Banking Banks have been tipped as a big winner of AI integration but face a major test in selling their tech narrative to investors. As City lenders gear up to report their 2025 financials, shareholders will be looking past balance sheets for progress on digital ambitions. “This may be the year the market makes up its [...]
Could this be the weirdest London IPO in 2026? January 15, 2026 What do you think the weirdest London IPO of the year could be? Take a moment to think about it. And now, let me tell you why you’re wrong. I have the answer. It’s a firm called Hybrid Air Vehicles, a company that makes airships. Yes, airships. If you thought – as I did – [...]
Donald Trump credit card cap sends Barclays shares tumbling January 12, 2026 Barclays shares were the worst performing on the FTSE 100 on Monday morning after fears over fresh plans by Donald Trump to curb credit card costs sent the stock tumbling. The bank’s shares, which had risen by around 80 per cent over the past year, suffered a 5 per cent slump to 462p in early [...]
No growth expected for November due to late Budget January 12, 2026 New GDP figures this week will show zero growth in the UK economy as weeks of uncertainty around the Budget weighed down on activity in November, according to economists. A Bloomberg poll of economists predicted the Office for National Statistics (ONS) to write in zero GDP growth in the second last month of the year. [...]
Legacy banks must ‘radically modernise’ or lose to fintech stars, says former Barclays boss January 1, 2026 A decade ago, Antony Jenkins was ousted from his role as chief executive of Barclays and months later warned the banking sector was reaching an “Uber moment”. Jenkins declared technology would be an “unstoppable force” in the banking sector and could lead to hundreds of branch closures and potentially slash the industry’s workforce by half. [...]
UK consumers cut spending amid wider economic nerves December 30, 2025 UK consumers’ debit and credit card spending slumped in 2025 for the first time since the Covid-19 pandemic as wider economic nerves knocked confidence. Card spending fell 0.2 per cent in the last 12 months, according to Barclays, a sharp contrast to the 1.6 per cent growth recorded in 2024. Just a quarter of British [...]
Motor finance: What’s next for banks and consumers in 2026? December 29, 2025 The City watchdog wrapped up the consultation on its motor finance redress in December but the two-year long scandal threatens to rumble on into the new year. The Financial Conduct Authority (FCA) pushed the deadline for feedback on its scheme to 12 December after it was originally pencilled in for 18 November. The delay came [...]
‘Bumper’ Boxing Day provides boost to struggling high streets December 27, 2025 Boxing Day was a “bumper day” for all UK retail destinations as data shows shopper footfall was up 4.4 per cent on last year, making it the strongest increase in more than a decade, industry analysts said. The retail sector may end the year on a “positive note” as December 26 saw shoppers flock to [...]