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Recent revisions to UK retail sales data reveal lower growth than initially reported, due to errors in seasonal adjustment. July sales increased by 0.6%, driven by online shopping and good weather, but three-month figures show a decline. Data delays and corrections highlight ongoing issues at the ONS.
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Food inflation in the UK is projected to reach 5.7% by the end of 2025, driven by rising costs from regulation, labour, and packaging. Supermarkets like Aldi report increased sales but warn that further government taxes could push prices higher. Consumer confidence remains cautious amid inflation and political uncertainty.
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As of late October 2025, major financial institutions including the Bank of England and IMF warn that soaring valuations in AI-driven tech stocks resemble the 2000 dotcom bubble peak. The S&P 500 is heavily concentrated in a few AI-focused firms, raising risks of a sharp market correction. Despite this, industry leaders emphasize AI's transformative potential and ongoing infrastructure investments.
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Four months after a £40bn investment announcement, the UK government faces scrutiny over its heavy reliance on Amazon Web Services (AWS). A major outage affected thousands of UK and global users, highlighting risks linked to concentrated cloud services and raising questions about resilience and working conditions within Amazon.
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Recent articles highlight AI's dual role in transforming workplaces—boosting productivity and expanding roles—while also raising concerns about trust, job displacement, and unproven benefits. Experts emphasize employer responsibility, skill development, and cautious adoption as AI becomes more integrated into work processes. Today's date: Tue, 21 Oct 2025 07:57:12 +0100.
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As of late October 2025, Target announced plans to cut about 8% of its global corporate workforce, roughly 1,800 jobs, mainly at its Minneapolis headquarters. The restructuring aims to simplify management layers and accelerate decision-making amid stagnant sales and competitive pressures. The cuts exclude store employees and come as Target prepares for a leadership transition in February 2026.
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Leading companies including Microsoft, JPMorgan, Walmart, and Goldman Sachs are rapidly expanding their AI initiatives. They focus on in-house model development, workforce training, and integrating AI into operations, amid ongoing debates about job impacts and strategic advantages. The story highlights recent investments, partnerships, and workforce transformations as of November 2025.