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Official figures show the UK economy contracted by 0.1% in October, marking the second consecutive monthly decline. The slowdown is linked to pre-Budget uncertainty, a cyberattack on Jaguar Land Rover, and subdued consumer spending. Economists expect a Bank of England rate cut next week amid ongoing economic fragility.
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In September 2025, multiple high-profile data breaches and cybersecurity incidents emerged globally. WhatsApp's former security chief sued Meta over systemic security flaws and retaliation. Luxury group Kering disclosed a breach affecting millions of customers. UK retailer Co-op reported a cyberattack causing significant financial losses and operational disruption. Meanwhile, Neon Mobile app faced a critical security flaw exposing user call data, leading to a temporary shutdown.
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US technology companies, including OpenAI, Nvidia, and CoreWeave, plan to announce billions of dollars in UK investments during President Trump's visit. The focus is on expanding AI infrastructure and data centres amid regulatory pressures and government initiatives to support AI growth zones.
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A cyberattack on Collins Aerospace systems caused delays and cancellations at London Heathrow, Brussels, and Berlin airports last weekend. An arrest was made in the UK, but investigations are ongoing. The incident highlights vulnerabilities in airport IT infrastructure amid rising cyber threats.
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China's official manufacturing PMI rose slightly to 49.8 in September from 49.4 in August, but remains below 50, indicating contraction. Private sector data shows modest improvement, yet overall activity remains sluggish amid ongoing trade tensions and domestic economic challenges. The economy continues to struggle with weak demand and sector disparities.
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Tesla reported a record 497,099 vehicle deliveries in Q3 2025, a 7.4% increase year-over-year and a 29% jump from Q2, driven by a rush to claim the expiring $7,500 US federal EV tax credit. Rivian also saw quarterly delivery growth but lowered its 2025 forecast. Tesla's European sales fell 22.5%, while China deliveries included a new Model Y variant. Munro EV in Scotland plans to create 300 jobs to scale production of its all-terrain electric vehicle.
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Recent political developments in France, Japan, and the US have heightened market volatility. France's bond risk rose after a government resignation, Japan's yen plunged amid a new prime minister's election, and gold prices hit record highs amid inflation fears. These events signal increased economic uncertainty.
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On October 7-8, 2025, UK Prime Minister Keir Starmer visited Mumbai to promote the UK-India trade deal signed in July. Leading a delegation of over 120 business and cultural leaders, Starmer emphasized that visa liberalization for Indian workers or students is not part of the agreement. The deal aims to boost trade by lowering tariffs and expanding business ties, while the UK maintains strict immigration policies.
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Jaguar Land Rover has begun phased restart of its UK and international factories following a cyberattack that halted operations in late August. The company introduced new financial support schemes for suppliers and is gradually returning to full production, with updates on progress provided daily.
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As of late October 2025, cyberattacks have surged globally, with the UK reporting a 50% rise in significant incidents and costly breaches like Jaguar Land Rover's. Singapore urges international cooperation to rebuild trust and enforce cyber norms amid rising state-sponsored attacks. Meanwhile, the US military accelerates AI and drone integration to enhance decision-making and operational readiness, adapting to environmental and cybersecurity challenges.
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The UK’s National Cyber Security Centre reports a 50% rise in highly significant cyber incidents over the past year, with nearly half deemed nationally significant. Major firms like Marks & Spencer and Jaguar Land Rover have been targeted, prompting urgent calls for increased cyber resilience across sectors.
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A global semiconductor shortage, worsened by geopolitical tensions and export bans, threatens vehicle production across Europe and Japan. Major automakers warn of imminent factory shutdowns as supply chains are disrupted, with key chips from China and the Netherlands affected.
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Domino’s UK reported a decline in pizza sales over the past three months, linked to a 5% price increase. Despite a 2.1% rise in total sales to £382.7 million, order numbers fell 1.5%. The company expects ongoing tough conditions into 2026.
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Tesla has introduced a new rental service in California, allowing customers to rent vehicles for 3-7 days with free supercharging and FSD. The move aims to boost sales as US EV demand declines following the expiration of federal tax credits. The program is expected to expand nationwide.
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UK GDP increased by 0.1% in Q3, hindered by a cyber attack on Jaguar Land Rover that caused factory shutdowns and a sharp decline in car manufacturing. The data signals a weakening economy ahead of the November 26 budget, with rising unemployment and lower industrial output.
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As of December 2025, the UK government is expanding its Electric Car Grant by £1.3bn and adding £200m for charging infrastructure to support EV adoption. This comes amid stalled EV demand due to high upfront costs and plans for a new pay-per-mile tax on EVs from 2028, sparking industry concerns about potential market slowdown.
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A year after Reeves' tax hikes, the UK economy shows signs of slowdown, with weak Q3 growth, rising borrowing, and consumer uncertainty. Despite initial strong start, recent data indicates limited growth prospects for 2026 amid inflation and political pressures.
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UK manufacturing PMI rose to 50.2 in November, the first expansion since September 2024, driven by domestic demand and larger firms. Business optimism hit a nine-month high, though employment and smaller firms still face contraction. The data suggests a cautious recovery amid mixed economic signals.
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Recent surveys show UK business confidence remains low following the government's November budget, which included £26bn in tax hikes. Firms expect reduced investment and hiring, citing increased costs and economic uncertainty. Analysts warn growth prospects are weakening amid cautious consumer spending.
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Zipcar, the UK's largest car-sharing service, will cease UK operations at year's end, impacting over 650,000 users amid financial losses. The move raises concerns about the future of urban car sharing and sustainable transport, with other companies eyeing expansion in London despite regulatory challenges.
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The Bank of England's latest Financial Stability Report highlights increased risks to the UK financial system from cyberattacks, geopolitical tensions, and inflated tech valuations, especially in AI. Major firms like JLR and retailers have faced cyber incidents this year, raising concerns about systemic vulnerabilities.