Barclays to lean on AI as it targets £2bn cost cuts and £15bn capital return
Barclays plans to cut £2bn of costs over three years and ramp up the use of AI as it targets more than £15bn of capital returns to shareholders by 2028.…
February 2026
NCSC reveals Budget forecasts accessed almost 25,000 times before publication
An NCSC investigation has found that official OBR Budget forecasts were accessed nearly 25,000 times before Rachel Reeves delivered her Budget speech, following a major data leak. Read more: NCSC…
UK secures 6.2GW of onshore wind and solar in latest clean power auction
The UK government has awarded 6.2GW of new onshore wind and solar projects in CfD Allocation Round 7, taking total CfD-backed capacity to more than 50GW. Read more: UK secures…
EU needs to wean itself off Visa and Mastercard – banking chief
The head of an EU bank consortium has urged the bloc to reduce its dependence on US payment systems Visa and Mastercard Read Full Article at RT.com
Innovate UK awards £300k grant to boost AI-led early detection of hospital infections
Innovate UK has awarded more than £300,000 to Exeter HealthTech Research Centre and Sanome to advance MEMORI, an AI platform designed to detect hospital-acquired infections days earlier. Read more: Innovate…
Andrew Bailey warns AI training is critical to future of UK jobs
Bank of England governor Andrew Bailey says training workers in AI skills will be critical as artificial intelligence begins to disrupt jobs, vacancies and financial markets. Read more: Andrew Bailey…
Ocado considers up to 1,000 job cuts in renewed cost-cutting drive
Ocado is considering cutting up to 1,000 jobs as part of a fresh cost-cutting programme, with most redundancies expected at its UK head office as the group seeks to return…
‘Thirst for Britain’: Peter Kyle urges SMEs to take leap into exporting
Business secretary Peter Kyle is calling on UK SMEs to start exporting, promising government-backed finance and advice to help firms seize overseas demand for British products. Read more: ‘Thirst for…
High Court clears way for thousands to pursue Capita data breach claims
A High Court judge has ruled that thousands of claimants can continue legal action against Capita over a major 2023 cyber attack, marking a significant moment for UK data privacy…
Tesco snaps up former Amazon Fresh sites as convenience push gathers pace
Tesco has acquired five former Amazon Fresh shops in London as it accelerates the rollout of its Express convenience stores, planning more than 70 new openings by 2027. Read more:…