Business News

Barclays has revealed it is cutting 5,000 jobs - 5% of its workforce - as part of efforts to save costs and drive efficiency through investment in artificial intelligence (AI).

The Post Office is to spend millions of pounds on its first television ads since the Horizon IT scandal, as it seeks to raise awareness of its range of bankjng services during a critical period for the state-owned company.

English football clubs face a roughly £20m annual bill to fund the sport's new watchdog - double the estimate provided by Sir Keir Starmer's government.

A quantum computing technology company which was spun out of Oxford University and won backing from the Arm Holdings founder Hermann Hauser has landed £10m in a new fundraising.

The head of English football's watchdog will address the 72 clubs below the top flight on Thursday as the quest for a financial redistribution deal with the Premier League continues.

The father-and-son team who control BetGoodwin, an online sports betting and casino operator, have begun plotting a London stock market listing even as their peers intensify warnings over tax rises in next week's budget.

The UK's unemployment rate has fallen to 4.7%, in a set of official figures that will support the case for a Bank of England interest rate hike next month.

The consortium of Thames Water creditors looking to rescue Britain's largest supplier of its kind has appointed a former senior Labour minister in a bid to help get a deal past government opposition.

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The executive who piloted Virgin Atlantic Airways through the COVID-19 pandemic is taking the helm at a major provider of traffic management services in his biggest role since he left Sir Richard Branson's flagship company.