Chancellor Rachel Reeves is set to launch a City "skills compact" on Tuesday that will commit Barclays, Lloyds, the London Stock Exchange, Nationwide and Fidelity to retraining thousands of financial-services workers in AI and other critical skills. The government-backed initiative will require nearly 20 initial signatories to draft rolling three-year training plans, with at least one senior executive overseeing each programme and progress reported annually to the...