Anna Edwards

But his record low polling and upcoming local elections are adding to a growing sense of crisis in Downing Street.

Barclays has announced a £1 billion share buyback as it reported investment banking revenue ahead of expectations.

The UK-based bank reported investment bank revenue of £2.79 billion in the final three months of 2025, boosted by strong performances for both its equities and fixed income franchises.

The CEO, C.S.

Venkatakrishnan, says the bank is firing on all cylinders.

Venkata Krishnan also talked up AI in the interview on Bloomberg Television earlier, saying that the bank plans to use the new technology to personalise services.

Last year, Barclays shares rose by 77%, its biggest annual gain on record.

It was a good year broadly for banks, of course, and Barclays share price this morning up by 1.8%.

Bloomberg has learned that the European Union is preparing options to embed Ukraine's future EU membership into any peace deal with Russia.

Formal negotiations on EU membership began in 2024, but the process has been stalled by objections from Hungary.

With more, here's our chief Europe correspondent for Bloomberg TV, Oliver Crook.

That's news when you want it with Bloomberg News Now.

I'm Anna Edwards.