Barclays CEO on Bonds, AI, UK Taxing Banks

Barclays CEO C.S. Venkatakrishnan said bond markets are under pressure and urged the UK government not to increase taxes on banks in its next budget. He also discussed Barclays' use of artificial intelligence, though the report provides no financial targets, earnings updates or quantified AI benefits. The comments underscore policy and fixed-income-market risks for UK banks rather than signaling an immediate change in Barclays' outlook.