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Barclays to acquire Tesco’s retail banking business

Barclays has entered into an agreement to acquire the retail banking business of Tesco and enter into an exclusive long-term financial services partnership to offer credit cards, personal loans and deposits. This is a unique opportunity for Barclays to partner with one of the biggest retailers in the UK.

Consumer card spending grew just 3.1 per cent in January as Brits opted for nights in and home-cooked meals

Retail, hospitality and leisure spending slowed as Brits stayed at home to shelter from the cold weather and save money after a busy festive period. However, consumers’ confidence in both their household finances and ability to spend within their means reached its highest point in over two years.

Barclays and IBM analyse how AI’s accessibility and versatility could bring a boost to productivity

A new Barclays Impact Series report, authored in partnership with IBM’s Institute for Business Value, explores how breakthroughs in generative AI could possibly drive a productivity boom similar to past periods of revolutionary technology change.