Inflation concerns rise as UK businesses plan price hikes. A Bank of England survey reveals businesses intend to increase prices significantly, with inflation expectations remaining high. Hiring intentions are the weakest since 2020, indicating economic caution.

Lucid announced major AI upgrades to accelerate enterprise adoption. The company unveiled Lucid AI, a suite of intelligent collaboration tools, alongside expanded platform accelerators and new integrations aimed at closing the gap between AI’s promise and business execution.

SME confidence rises slightly but pressures remain acute. The Vistage CEO Confidence Index for Q2 2025 shows optimism among UK and Irish SMEs edging higher, yet Rebecca Drew, Managing Director of Vistage UK, warns leaders still face tariffs, cost pressures and talent shortages requiring significant strategic adjustments.

Daniel Ek is stepping down as Spotify CEO. From January 2026, co-presidents Gustav Söderström and Alex Norström will serve as co-chief executives, while Ek becomes executive chairman focused on strategy and long-term priorities. Spotify shares fell after the announcement as investors assessed the leadership shift.

London’s global financial hub status declines in IPO ranking. London raised just £184m in IPOs this year, trailing behind other European markets. A shift towards US listings by UK firms exacerbates the issue.

HSBC warns of compromised identity documents after data breach. The bank reassured customers that its systems remain unaffected, urging vigilance against potential fraud. Affected individuals receive a complimentary Experian Identity Plus subscription and can access a dedicated helpline until 8 October 2025.

Tax hikes and wage pressures threaten UK jobs with automation. Rising costs are prompting UK firms to consider automation and offshoring, according to Hays. The financial strain, exacerbated by tax increases, is impacting the jobs market significantly.

The UK faces potential debt crisis, survey reveals. A Deutsche Bank poll indicates the UK is the second most likely major economy to face a debt crisis, following France, with concerns over growth prospects and spending control.

Deloitte UK’s profit rises despite revenue decline in 2025. Deloitte UK’s revenue fell to £5.68bn, but profit increased by 4% to £789m. The firm highlighted investments in technology and employee development amid economic challenges.

Retail group warns Treasury against further tax hikes. The British Retail Consortium cautions that additional tax increases on businesses could prolong high shop prices, as September’s food inflation remains elevated. Retailers continue to face significant cost pressures.