Here are 5 important things happening in the UK today, Friday (10 October 2025).
- UK wage growth falls to a four-year low: Wage growth has fallen to a four-year low because of weak demand for workers and an increase in the supply of available candidates to fill roles. An index of wage growth for full-time staff produced by KPMG and the Recruitment and Employment Confederation (REC) dipped to 50.2 in September from 50.6 in the previous month, the slowest rate since March 2021. [The Times]
- Thousands more university jobs cut: Universities have collectively announced more than 12,000 job cuts in the last year, new analysis from the University and College Union (UCU) suggests. Additional cost savings announced in the same period are equivalent to a further 3,000 jobs, the union says, but universities have not confirmed whether these savings will be made by cutting staff. UCU members will vote on potential UK-wide strike action later this month over a 1.4% pay offer made over the summer. [BBC]
- Hackers steal British IDs by hijacking online age checks: Hackers have stolen tens of thousands of personal ID photos from a messaging app popular with children after hijacking a system used for online safety age checks. Discord, an app used by millions of teenage gamers, confirmed that 70,000 government ID images might have leaked after hackers broke into a customer service provider employed to verify if users are over 18. [Telegraph]
- Rishi Sunak takes advisory roles with Microsoft and AI firm Anthropic: Former UK Prime Minister Rishi Sunak has been appointed as a senior adviser by the US technology companies Microsoft and Anthropic. Sunak was prime minister from October 2022 to July 2024, and he joins the $3.9 trillion technology company Microsoft after applauding it when he was in office as “one of the founding fathers of modern technology”.
- On Friday, Oil was trading lower at $65.03. The pound is trading at $1.33, €1.15, and ¥9.48.
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