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The pay of Barclays’ chief executive has more than doubled to £10.5m, as a rebound in investment banking and steady interest rates helped push the UK bank’s annual profits up by almost a quarter.

CS Venkatakrishnan’s payout is one of the largest for a Barclays boss, having risen from £4.6m …

Nelson Mandela’s face once again lit up Trafalgar Square this week, projected on to Nelson’s column while the sound of his voice echoed out, calling for a “great generation” to end poverty – 20 years after he delivered that impassioned call to an audience of 22,000.

It was a message …

Good morning.

Amid a years-long housing crisis, the deputy prime minister, Angela Rayner, has brought the Labour government’s housing policy to the forefront of the political agenda, including an announcement on

Wednesday of an additional £350m to fund affordable housing

. This money comes on top of the …

Britain’s economy unexpectedly grew in the final three months of last year, official figures show, easing pressure on the chancellor, Rachel Reeves.

Figures from the Office for National Statistics show gross domestic product rose by 0.1% in the fourth quarter of 2024, beating the forecasts of City economists and the …

“We’re vulnerable at the moment,” says Fiona Conor, the managing director of Trust Electric Heating, a Leeds-based radiator manufacturer, who has been considering expanding into the US market.

After a predictably unpredictable start to Donald Trump’s second term as US president, Conor is worried her options could be limited, as …

If, at the end of last year, you had asked Labour insiders to choose Keir Starmer’s defining decision as prime minister, they might have said

means testing winter fuel payments

or

announcing billions in tax rises on business

.

Now, however, many believe Starmer’s most consequential move …

“I live in Germany’s oldest city, founded by the Romans over 2,000 years ago,” said Gregor, 59, from Trier, a town of about 110,000 inhabitants in the country’s affluent south-west and part of the world-renowned Moselle valley wine region. A short driving distance away from the borders of Luxembourg, Belgium, …

China’s energy production is putting coal and renewables in competition with each other, according to a new analysis that found continuing approval of coal-fired projects in 2024 undermined the “unprecedented” surge in clean energy production.

The analysis of China’s 2024 energy production – released on Thursday by two thinktanks, the …

Will

the high court

allow Thames Water to load another £3bn of debt on to its already unsustainable pile of £19bn? Will the company appeal to the Competition and Markets Authority to try to bag bigger bill rises than the pre-inflation 35% sanctioned by the regulator? Does …

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