THE DAILY BRIEFING

FROZEN ACCOUNTS

Millions of Barclays customers were locked out of their accounts over Easter as the lender completed the spin-off of its retail bank. Barclays used the break to separate out its 24m small business and consumer account holders from its riskier investment banking arm.

CARD BOOM

The amount of cash in circulation is growing at its lowest rate for 55 years as people pay by card instead. Annual growth in notes and coins was just 0.2pc in the year to February, according to Bank of England figures, the lowest level since 1963.

JOB SWAP

Fears that robots will replace humans in the workplace have been overblown, according to a major study of the world’s richest nations. Only around 14pc of jobs are likely to be auto- mated in contrast to almost half previously predicted. however, a report by the Organisation for Economic Cooperation and Development found 66m jobs are still at risk in 32 countries.

HACK FEARS

Eight in ten of UK business leaders are worried about the prospect of a cyber-attack on their business, according to Lloyds Bank.

DRIVERS SAFE

Jaguar Land Rover boss Ralf Speth says self-driving cars are unlikely to overtake the human-controlled steering wheel for generations.