The announcements will come on the same week that Chancellor John Healey will deliver his autumn Budget statement.

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The William Hill owner said the closure of 270 shops ‘shows the real impact on jobs and livelihoods from higher industry taxation’.

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Debenhams Group has been taking steps to reduce its cost base by selling off parts of the business.

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Europe is also heading into winter with lower gas storage than normal as a result of higher prices

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The electricity system is forecast to have a surplus of 5.9 gigawatts between the end of October and the end of March next year.

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But the food giant said the move would have a limited financial impact on its underlying results for 2026.

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The banking group said cuts affect about five per cent of all its employees

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The banking group said this is the equivalent of about 5% of all its employees, which totalled around 93,000 globally at the end of 2025.

In the third quarter, the bank said it made around £200 million worth of cost savings.

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Experts have said the latest official inflation data has reinforced expectations of a rate hike in November.