Generate an appropriate single-sentence summary for the given text such that it includes the main topic of the text.

[Q]: The bank has 48,000 UK workers and will make cuts in both its retail and investment banking operations. Chief executive Stuart Gulliver said the jobs would go by "natural attrition". Staff turnover stood at about 3,000 annually. A total of 25,000 jobs could be axed globally, meaning close to 10% of HSBC's 266,000 workers will go. The bank will also rebrand its UK High Street branches but is yet to decide on a new name. Options could include reviving the Midland Bank brand, which it bought in 1992, or adopting the name of its UK online bank, First Direct. 'Treated fairly' Chief executive Stuart Gulliver said he wanted to ensure that customers made a distinction between HSBC's investment and retail banking operations. The bank is being forced by new government rules to formally separate the two businesses. Dominic Hook, national officer with the union Unite, called on HSBC to achieve any job cuts through voluntary means and natural attrition. "It's really sad that all our members, all the hard work they've done to try to get the bank back working properly after all the scandals of the last few years, are going to be paying with their jobs," he told BBC Radio 4's Today programme. The number of UK branches is expected to fall by about 100 from 1,057 now. Analysis: Kamal Ahmed, business editor Tomorrow is the date of the Mansion House speech - George Osborne's annual summary of financial regulation and the City. The Chancellor could send a positive message to banks, saying that they are welcome in the UK and that regulation and the tax burden need to be "proportionate". That could pave the way to a reform of the bank levy so that it has less of an impact on the foreign operations of UK banks. That could be announced in the Budget on 8 July. The Chancellor could also decide not to raise the levy. Both would be welcomed by large global banks such as HSBC. BBC business editor Kamal Ahmed said the UK job cuts would come as a shock to staff: "Global banking now is a far tougher business than it was pre-the financial crisis. It is hard to get profits." Mr Gulliver was "running a bank that investors believe simply doesn't make enough money", he added. Our correspondent said the bank was now looking to "reduce its footprint in developed economies". HSBC plans to sell assets in Turkey and Brazil, where it will continue to service large corporate clients. 'World has changed' The news came ahead of a presentation that Mr Gulliver gave to investors and analysts in his second major strategy plan since taking up the role in 2011. "We recognise that the world has changed and we need to change with it. That is why we are outlining the following... strategic actions that will further transform our organisation," he said in a statement. The 10-point plan aims to cut costs by up to $5bn (£3.25bn) and increase investment in Asia - particularly in China. "Asia [is] expected to show high growth and become the centre of global trade over the next decade," Mr Gulliver said. "Our actions will allow us to capture expected future growth opportunities." Shares in HSBC were down 0.9% at 614p in afternoon trading in London, and closed down 0.5% in Hong Kong. The company is valued at almost £120bn. Headquarters decision James Antos, analyst at Mizuho Securities Asia, said the plan would not restore investor confidence in HSBC. "Slaughtering the staff is not necessarily the solution unless management makes the bank considerably less complex," he said. HSBC said it would make a decision on whether to move its headquarters out of the UK by the end of the year. There has been speculation that the British bank may relocate its headquarters to Hong Kong since it announced the review in April. Analysis: Robert Plummer, business reporter HSBC used to style itself as "the world's local bank", combining the heft of a global brand with the sophistication of local knowledge. Yet it started moving away from that business model as far back as 2011, hit by a combination of spiralling costs and setbacks in some of those local markets to which it was a latecomer. In fact, however much we hear about economic globalisation, global banks are having a tough time of it these days. Not only are they hard to manage, but they also face stiff competition from local banks in individual countries. In Brazil, for instance, where HSBC was unknown until 1997, it has been outflanked by local operators Itau and Bradesco. Unsurprisingly, then, it has decided to dispose of its subsidiary there and concentrate on the area where its expertise has always been clear: East Asia in general, and China in particular. Mr Gulliver laid out a number of criteria for the decision - including whether the UK government supported the growth of financial services industry. He insisted that any move would not be a response to any UK legislation affecting banks, but about deciding "where the mind of the company should be". The government bank levy cost HSBC more than £700m last year - more than any other bank. Chancellor George Osborne is expected to signal a review of the levy in his Mansion House speech on Wednesday night.
[A]: HSBC, Europe's biggest bank, is planning to cut 8,000 jobs in the UK as it tries to reduce costs.


[Q]: 1. 'No alternative' to England's second lockdown Boris Johnson will tell MPs later that coronavirus deaths could be twice as high over the winter as they were in the spring unless he - and the whole country - acts now. He'll insist it was "right to try every possible option" at a regional level first, but nationwide action is now non-negotiable. Despite criticising the time it's taken to get to this point, Labour MPs are expected to vote in favour of the lockdown on Wednesday. Not all of Mr Johnson's own MPs will back it, though. Full details of the new restrictions are still to be published, but here's everything we know so far. 2. Prince William 'tested positive in April' Palace sources have told the BBC the Duke of Cambridge contracted Covid-19 earlier this year - around the same time as his father. The Sun newspaper, which first reported the story, said he was treated by palace doctors and isolated at the family home in Norfolk. BBC royal correspondent Jonny Dymond said the duke may have kept his diagnosis private to avoid alarming the nation. Kensington Palace has refused to comment officially. 3. Scotland launches five-tier system of restrictions So far, no areas have been designated tier four - the top level. The central belt and Dundee have been placed in tier three, while the Highlands, Western Isles, Moray, Orkney and Shetland are all in level one. See what that means in practice for the likes of schools and hospitality, and use the official postcode look-up to see the situation where you are. Meanwhile, Northern Ireland's schools reopen today, mid-way through a four-week national "circuit-breaker" lockdown. Wales continues its "firebreak" too, and the first minister is urging people to stick with it. 4. Catch-up scheme opens From today, schools in England can begin enrolling pupils in a national scheme designed to provide catch-up tuition for those whose learning suffered most during the spring lockdown. Research suggests the gap between disadvantaged pupils and their more privileged counterparts has widened significantly. More than 15,000 tutors have been recruited and lessons will be 75% subsidised by the government. Education unions, though, say provision could and should have come from schools themselves, rather than external agencies. 5. India's Covid conundrum Research suggests people in low income countries may have higher immunity to Covid-19 because of exposure to various pathogens from childhood. Two papers have tried to explain why, despite poorer healthcare, hygiene and sanitation, countries like India have not seen death rates as high as richer nations. They suggest these apparent negatives could actually have saved lives. It's important to say, though, that other factors could also be at play - India's relatively young population, for example - and the research is yet to be peer reviewed. Get a longer news briefing from the BBC in your inbox, each weekday morning, by signing up here. And don't forget... Find more information, advice and guides on our coronavirus page. Plus, England's second lockdown comes with a reintroduction of the full furlough scheme across the UK. Find out who's eligible for it. What questions do you have about coronavirus? In some cases, your question will be published, displaying your name, age and location as you provide it, unless you state otherwise. Your contact details will never be published. Please ensure you have read our terms & conditions and privacy policy. Use this form to ask your question: Your contact info I am over 16 years old I accept the Terms of Service The BBC retains the right to select from these contributions based on editorial requirements and subject to online terms and conditions and BBC editorial guidelines. For more information about how the BBC handles your personal data, see here. If you are reading this page and can't see the form you will need to visit the mobile version of the BBC website to submit your question or send them via email to YourQuestions@bbc.co.uk. Please include your name, age and location with any question you send in.
[A]: Here are five things you need to know about the coronavirus pandemic this Monday morning. We'll have another update for you at 18:00 GMT.


[Q]: The small notice appeared under "forthcoming marriages" on page 57 of Wednesday's publication. The Sherlock star and the theatre director have kept their relationship away from the glare of the media. The couple have largely avoided being pictured together. They were first seen publicly in June at the French Open. Cumberbatch, 38, has been Oscar-tipped for his portrayal of Alan Turing in The Imitation Game. Hunter has also appeared as an actress on stage and screen, including Midsomer Murders, Torchwood and Vanity Fair.
[A]:
Actor Benedict Cumberbatch's engagement to girlfriend Sophie Hunter has been announced with a notice in The Times newspaper.


