Tag #Rachel Reeves

Showing 145 to 156 of 156 results

news.sky.com
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UK Economy Stagnates in Q3 2024: Zero Growth Recorded

Revised ONS figures show the UK economy recorded zero growth in the third quarter of 2024, a significant drop from initial estimates and lower than other G7 nations; real GDP per head fell by 0.2%, and household disposable income remained stagnant.

Progress

44% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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UK Inflation Rises to 2.6% in November

UK inflation rose to 2.6 percent in November, driven by increased petrol and tobacco prices, partially offset by lower airfares; this follows October's 2.3 percent figure and adds pressure to Chancellor Rachel Reeves.

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44% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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UK Treasury Announces Spending Review to Cut Waste

UK Chancellor Rachel Reeves announces a spending review targeting 5% efficiency savings across government departments by 2029, utilizing independent panels to eliminate non-priority spending, following a £40 billion tax increase to address a budget deficit, with examples such as a £6.5 million ineff...

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52% Bias Score

Reduced Inequality
theguardian.com
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UK Seeks "Economic Reset" with EU Amid Post-Brexit Tensions

UK Chancellor Rachel Reeves announced plans for an "economic reset" with the EU, aiming to improve trade relations and address shared challenges like the Ukraine war, but facing obstacles from the EU over fishing rights and freedom of movement.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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"UK Government Announces Spending Review to Fund Defence Increase"

"Chancellor Rachel Reeves announced a comprehensive spending review to identify savings and fund a planned increase in defense spending to 2.5% of GDP by 2030, a move that will require cuts to other government departments and could cost an additional \£20 billion annually."

Progress

60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves Backtracks on Tax Pledge After Record-Breaking Labour Budget

Shadow Chancellor Rachel Reeves initially ruled out further tax rises but later refused to repeat this pledge, creating uncertainty following Labour's record-breaking £40 billion tax-raising budget, which has already faced business backlash.

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56% Bias Score

theguardian.com
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UK Debt Falls to Three-Year Low in November

In November, UK government borrowing fell to £11.2bn, defying forecasts of £13bn and marking the lowest November figure since 2019, owing to lower interest payments (£3bn) and higher tax receipts, offering Chancellor Rachel Reeves temporary respite from budget criticism.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Public Accepts UK's £40bn Tax Hike, Despite Personal Costs

A survey of 5,800 UK voters shows 48% believe the recent £40bn tax rise is "necessary" to improve public services, despite 57% expecting to be worse off; support varies significantly by political party, with the least popular measure being increased inheritance tax.

Progress

48% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves Vows 'Iron Fist' on Spending, Seeking 5% Efficiency Gains

UK Chancellor Rachel Reeves announced a comprehensive review of government spending, aiming to cut 5% from budgets by 2029 to avoid further tax hikes and fund key public services, using a zero-based budgeting approach and external expert panels.

Progress

52% Bias Score

Reduced Inequality
forbes.com
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U.K. Job Vacancies Plummet Amidst Tax Hikes and Reduced Business Confidence

U.K. job vacancies fell at their fastest pace in over four years in November, driven by increased employer costs from recent tax hikes and reduced consumer demand, leading to decreased business confidence and a contraction in economic output.

Progress

52% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Chancellor Rules Out Further Tax Increases to Fund Public Spending

Chancellor Rachel Reeves confirmed that no further tax increases are planned to fund public services, despite previous political pressure and criticism from the Conservatives, stating that Labour's budget will stabilize public finances; however, she acknowledged that unforeseen economic shocks could...

Progress

52% Bias Score

theguardian.com
🌐 75% Global Worthiness
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UK Budget Announcement Delayed Until June Amidst Difficult Negotiations

UK Chancellor Rachel Reeves postpones the announcement of Whitehall department budgets until June due to complex negotiations with ministers, delaying the three-year spending review and potentially impacting public services.

Progress

52% Bias Score

Showing 145 to 156 of 156 results