Barclays bets on AI to cut costs and boost returns

Barclays is leveraging artificial intelligence to reduce costs and boost returns. The bank reported a 12% annual profit increase for 2025, with pre-tax earnings of £9.1 billion, up from £8.1 billion previously. Barclays raised performance targets through 2028, aiming for a return on tangible equity (RoTE) exceeding 14%, up from prior objectives. AI implementation is central to achieving these ambitious financial goals.