Business
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Thames Water’s record £1.65bn loss deepens nationalisation fears in the UK. As creditor talks stall, the crisis exposes wider risks in highly leveraged utilities and signals stricter oversight for the sector.
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The UK’s unemployment rate has edged up to 4.7 percent. Fresh ONS data show a cooling jobs market, with shrinking payrolls and easing wage growth fuelling expectations of a Bank of England rate cut in August.
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Trump Media has filed two AI-related trademarks for Truth Social. The move comes as major tech and media platforms accelerate AI branding amid rising regulatory scrutiny and litigation over digital innovation.
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Co-op has confirmed a cyber attack exposed member details in April. The retailer’s CEO says the breach, one of the largest in UK retail, compromised personal information but did not include financial data. Four suspects have been arrested as scrutiny grows over cybersecurity in retail.
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HMRC lacks data on billionaire taxpayers, MPs criticise. The Public Accounts Committee urges HMRC to enhance billionaire tax tracking, citing a need for better strategies and transparency in ensuring the ultra-wealthy contribute their fair share to public finances.
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Wagestream has acquired pensions technology provider Zippen in a move. The deal underlines the growing demand for workplace financial benefits, as Wagestream strengthens its position in employee financial wellbeing with new specialist expertise in the UK pensions market.
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UK corporates now account for more than three-quarters of new electric vehicle registrations. Flexible schemes and company-wide adoption are accelerating the transition, as businesses move ahead of private drivers.
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The European Central Bank faces new uncertainty over U.S. trade. Bundesbank President Joachim Nagel urged “politics with a steady hand” as Trump’s sweeping tariff threat disrupts policy plans. Officials will now rerun growth forecasts ahead of the 23–24 July ECB meeting, with no immediate rate move expected.
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One in six UK workers struggles to pay monthly bills. A study by the Work Foundation reveals ongoing financial challenges despite cooling inflation and rising wages, with nearly half of workers having minimal disposable income and many turning to second jobs.
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AI-powered content is reshaping B2B marketing at record pace. As UK marketers navigate tighter budgets and prolonged sales cycles, generative tools are helping teams scale content and personalise outreach. But tech alone isn’t the answer — collaboration and strategy matter just as much. Pipeline360’s Elizabeth D’Arcy-Potts writes.
