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HSBC is consulting on major cuts across UK wealth management. Reported proposals affecting advisers, managers and specialists come as the bank expands AI use and redesigns digitally enabled customer service.
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Brave Bison has increased its final offer for System1 today. The £53.4m proposal adds more cash and a contingent value right as the marketing group seeks control of System1’s advertising research assets.
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Northern innovation clusters will receive £57 million in fresh capital. British Business Bank funding will be deployed through NPIF II across Greater Manchester, West Yorkshire, the North East, Liverpool City Region and South Yorkshire.
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Circle8 has returned with an improved cash proposal for SThree. The recruiter has granted a 14-day deadline extension while the bidder completes limited due diligence and confirms financing arrangements.
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More than half of UK professionals now report workplace burnout. Robert Half links the pressure chiefly to understaffing, restructuring and stalled career progression.
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The PRA wants regulatory thresholds to increase automatically with growth. Its proposal covers 128 banking, insurance and credit union measures and would introduce five-year adjustments linked to nominal GDP.
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Pennon is raising £550 million to fund heavier water investment. Its enlarged AMP8 programme will reach about £3.6bn as the group resets operations, rebases its dividend and seeks to maintain sustainable gearing.
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Young finance professionals expect AI to accelerate their career progression. Intuit finds strong confidence in AI skills alongside concerns over accuracy, security and over-reliance.
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Boots is changing hands under a major Canadian ownership deal. Wittington and Fairfax are acquiring the pharmacy and beauty retailer for approximately $8.9bn including assumed debt, with further capital investment planned after completion.
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Ireland’s Budget 2027 combines tax reform with business investment measures. Changes cover R&D incentives, Capital Gains Tax, AI skills, reporting requirements and infrastructure spending.