A major British retail and commercial bank, one of the Big Four.
Savers now have access to higher rates as banks, neobanks and other providers compete. The latest data show easy-access accounts paying up to 5% and fixed-term bonds near 5% as inflation remains around 3%. Readers are urged to compare products and move money where rates outrun inflation.
Global oil majors are posting higher first‑quarter profits as supply disruptions, including the Strait of Hormuz tension and related price spikes, bolster trading and refining margins. Shell and BP report earnings well above forecasts, while Aramco highlights a critical export artery from its east coast to the Red Sea, helping cushion markets.
Retail volumes have risen in May as hot weather and promotions boosted demand. Online sales and department stores led the gain, while food retailers fell. The three-month trend remains mixed amid shifting consumer behavior.
Axel Springer has completed its £575m takeover of Telegraph Media Group, ending three years of ownership uncertainty. The deal will accelerate the Telegraph’s digital transformation and push for growth in the US, leveraging the group’s Politico and Business Insider assets. Editorial independence is described as sacrosanct, with focus on expanding UK and overseas reach.