Roula Khalaf, Editor of the FT, curates her top stories in the Unlock the Editor’s Digest, a weekly newsletter. More than 10,000 UK civil service jobs are set to be cut in a bid to achieve savings of 5 per cent across departments, with ministers considering voluntary redundancy programs. The spending review led by chancellor Rachel Reeves aims to reduce the overall civil service headcount, emphasizing productivity gains and the use of AI to streamline tasks and avoid compulsory redundancies.
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Peoples Financial (PFIS) Q2 EPS Up 265%
Peoples Financial Services (NASDAQ:PFIS), a Pennsylvania community bank holding company, reported Q2 2025 earnings of $1.68 per share, exceeding the $1.47 forecast and significantly up from $0.46 a year prior. The bank saw net interest income more than double year-over-year, reflecting successful merger integration and improved efficiency ratios and asset quality. Want More Context? 🔎
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