Barclays to cut 5,000 jobs this year as AI makes work more efficient

22 October 2026 at 11:44

The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.

Interest rate hike ‘firmly on table’ after inflation rises to 11-month high

22 October 2026 at 11:43

Experts have said the latest official inflation data has reinforced expectations of a rate hike in November.

22 October 2026 at 11:15

But the food giant said the move would have a limited financial impact on its underlying results for 2026.

22 October 2026 at 09:32

The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.

22 October 2026 at 08:51

The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.

22 October 2026 at 07:58

In the third quarter, the bank said it made around £200 million worth of cost savings.

21 October 2026 at 12:29

Experts have said the latest official inflation data has reinforced expectations of a rate hike in November.

21 October 2026 at 11:16

September’s inflation rate of 3.5% means if an item cost £100 a year ago, it would now cost £103.50.