Barclays cutting 5,000 jobs as it increases reliance on AI

BBC - Oct 22, 2026

The bank says it is using more AI leading to a 5% reduction in its workforce.

Read full article

More News

The grads ditching the UK for a fresh start abroad

Oct 21, 2026

The grads ditching the UK for a fresh start abroad

With graduate jobs hard to come by, more young adults are reported to be considering emigrating.

Tesla Profit Slumps as Elon Musk’s Car Company Considers Merging With SpaceX

Oct 21, 2026

Tesla Profit Slumps as Elon Musk’s Car Company Considers Merging With SpaceX

The carmaker, which is controlled by Elon Musk and is considering merging with another of his companies, SpaceX, spent heavily on artificial intelligence and other new technologies.

Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?

Oct 21, 2026

Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?

Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.

Airbnb hosts can no longer make guests strip beds and wash dishes under new rules

Oct 21, 2026

Airbnb hosts can no longer make guests strip beds and wash dishes under new rules

The updated policy will apply to all reservations booked on the accommodation site on or after 20 November.

Meta fined $25bn for 'lies' over user data privacy

Oct 21, 2026

Meta fined $25bn for 'lies' over user data privacy

The fine is the largest to date against Facebook's owner, larger than an $18bn deal with California.

Elon Musk Says SpaceX and Tesla Are Exploring a Merger

Oct 21, 2026

Elon Musk Says SpaceX and Tesla Are Exploring a Merger

A deal would consolidate Elon Musk’s holdings in rockets, cars and artificial intelligence into a company worth well over $3 trillion.

France Riots Expose the Rage Aimed at Dior, Hermès and Other Luxury Brands

Oct 21, 2026

France Riots Expose the Rage Aimed at Dior, Hermès and Other Luxury Brands

The looting of stores belonging to brands like Dior, Celine and Hermès has exposed a crack in the glossy facade.

Websites taken down worldwide as critical cyber-security update issued

Oct 21, 2026

Websites taken down worldwide as critical cyber-security update issued

The vulnerabilities with PHP, a programming language widely used across the internet, have been described as the most significant ever found by AI.

U.S. to Tap Heating Oil Reserves Ahead of Midterm Elections

Oct 21, 2026

U.S. to Tap Heating Oil Reserves Ahead of Midterm Elections

The Trump administration will release 315,000 barrels of heating oil, but analysts say the amount is too small to make much of a difference.

GM Aims to Bring ‘Eyes-Off’ Driving to AI-Powered Cars Within 2 Years

Oct 21, 2026

GM Aims to Bring ‘Eyes-Off’ Driving to AI-Powered Cars Within 2 Years

General Motors is seeking help from artificial intelligence to keep up with Chinese companies that introduce vehicles very quickly.

A warning to anyone with credit card debt...

Oct 21, 2026

A warning to anyone with credit card debt...

Martin’s leading this week’s podcast with an urgent warning for anyone carrying credit card: now is the time to act.

Burnham proposes plan to cut standing charges from gas bills

Oct 21, 2026

Burnham proposes plan to cut standing charges from gas bills

The prime minister provided little detail, and there are questions over shifting the fees onto unit costs.

Recommended

The Financial Metrics

The Financial Metrics delivers breaking news and delves into the insights of business with progressive financial advice for today’s advanced business environment.

ABOUT US
NEWSLETTER

Copyright © 2015 - 2026 The Financial Metrics. All Rights Reserved.