Major British retail and commercial bank; one of the Big Four
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.
Savers have more options as banks, fintechs and platforms offer easy-access and fixed-rate accounts above 4% in August 2026. Several products include bonuses, with some rates proving short-term; readers should compare terms and ladder strategies to shield value from inflation.
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