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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.
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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.
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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.
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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.
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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.
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Britain’s labour market faces strain as job openings decline. Recruitment site Adzuna reports a 2.1% drop in vacancies year-on-year in August, with demand softening and employment costs rising. Graduates face a tough outlook, with entry-level roles significantly reduced.
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Over a quarter of women face workplace harassment in the UK. WalkSafe’s data highlights persistent harassment issues, with 27% of women and 16% of men affected. Many employees believe companies should enhance safety measures, valuing anonymous reporting systems.
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Starbucks announces £750 million restructuring, closing cafés and cutting jobs. The coffee chain will shut underperforming stores in North America and the UK, affecting staff and customers. Despite closures, Starbucks plans 80 new UK openings this year amid strong competition and financial challenges.
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The Labour government plans to introduce mandatory digital ID cards. The proposal would require all UK workers to hold a digital ID, verified by employers at the point of hire. Ministers argue it will curb illegal work, while SMEs face both opportunities and challenges in compliance and implementation.
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UK fintech leader urges LSE and Nasdaq merger to boost market. Cleo’s founder highlights the need for political will to improve capital prospects, proposing a UK-US stock exchange merger as a solution to the UK’s finite capital challenges.
