Business
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Tesla’s UK sales fell nearly 60% in July 2025. Registrations dropped to 987 units as BYD quadrupled its UK total, highlighting shifting dynamics in the electric vehicle market.
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HPE debuts AI-powered network security and backup at Black Hat. The integrated security and data protection portfolio features an AI-based SASE copilot and enterprise-scale backup. The new tools aim to deliver unified, zero-trust protection and automated recovery for complex IT environments.
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News Corp warns Trump his books are targets for AI ‘theft’. News Corp has publicly cautioned Donald Trump that artificial intelligence tools are cannibalising the content of his books — including The Art of the Deal — as the company intensifies its calls for stronger copyright protection in the age of generative AI.
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Pandora confirms cyber attack affecting customer data through a third-party. The jewellery retailer disclosed that names, birthdates, and email addresses were accessed, though no sensitive information like passwords or credit card details was compromised.
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Chancellor Reeves confronts a potential £41 billion shortfall in public finances. Labour faces mounting pressure to raise taxes or cut spending as growth stalls, inflation remains elevated, and fiscal rules bite.
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Nearly 3,800 directors left the UK after sweeping tax changes. A sharp rise in company director emigration has followed Labour’s abolition of the non-dom regime and new business wealth taxes, with Dubai now the leading destination for British and international business leaders.
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UK services sector orders have fallen at their sharpest pace since 2022. Businesses across hospitality, professional services, and retail report the steepest drop in new business for nearly three years, with rising payroll costs and inflation forcing companies to cut jobs and delay new investment plans despite strong corporate earnings.
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Analysts expect modest recovery in this week’s Eurozone retail data. But behind the numbers lies a deeper transformation in consumer priorities. As trust, transparency, and value redefinition take centre stage, Europe’s B2C leaders are rethinking how to compete — and what it means to stay relevant.
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Tech giants are converting old European power plants for data centres. Major technology companies are partnering with utilities to transform decommissioned coal and gas-fired sites into high-capacity data centres, accelerating grid connections and powering the next wave of AI infrastructure growth across the region.
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Spectris has accepted a £4.2 billion takeover by KKR. The agreement follows months of public bidding and multiple revised offers, marking the conclusion of a high-stakes battle between two major private equity groups and signalling renewed global interest in UK mid-cap industrials.