Tag #Rachel Reeves

Showing 97 to 108 of 156 results

dailymail.co.uk
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UK to Slash Red Tape to Boost Growth

UK Chancellor Rachel Reeves announced 60 measures to cut red tape by 25%, including fast-tracking medicine approvals, simplifying drone deliveries, and reviewing contactless payment limits, aiming to boost economic growth despite a recent OECD downgrade of UK growth projections.

Progress

64% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK GDP Shrinks Amidst Blame Game Over Labour's Budget

The UK's GDP unexpectedly shrank by 0.1 percent in January, prompting Chancellor Rachel Reeves to blame geopolitical factors. However, critics point to her October budget's £40 billion tax increase and £72 billion spending plan as the main culprits, potentially leading to a recession.

Progress

68% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
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UK Economy Shrinks 0.1% in January, Pressuring Labour Government

Britain's economy unexpectedly contracted by 0.1% in January 2024 due to adverse weather conditions affecting manufacturing and construction, despite a strong services sector; this challenges the Labour government's economic priorities.

Progress

48% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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UK Announces Welfare Cuts to Address \£9.9 Billion Budget Shortfall

The UK faces a \£9.9 billion budget shortfall, prompting Chancellor Rachel Reeves to announce multi-billion-pound cuts to government departments, including welfare, to balance the budget by March 26.

Progress

64% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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£45 Billion Surge in UK ISA Savings as Tax Thresholds Trigger Shift

UK savers deposited £45 billion into cash ISAs in 2024, raising the total to £359 billion due to rising interest rates pushing many above the tax threshold for savings interest; HMRC estimates £10.4 billion in savings interest tax for 2024/25, a 665% increase from 2021/22.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
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UK Public Sector Unions Demand Higher Pay Amidst Rising Inflation

UK public sector unions are demanding above-inflation pay increases to counter rising inflation, putting pressure on the chancellor to find billions in extra funding, as a 2.8% government-proposed increase is now insufficient due to accelerating inflation.

Progress

52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Tax Freeze to Add One Million Higher-Rate Taxpayers by 2028

The UK government's continued freeze on income tax thresholds will increase the number of higher-rate taxpayers to nine million by 2028, generating over £38 billion annually, driven by inflation and impacting middle-class earners while addressing budget shortfalls and rising defense spending.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Economy Contracts 0.1 Percent in January Amidst Global Uncertainty

The UK economy shrank by 0.1 percent in January 2025, driven by a manufacturing slump and defying growth expectations; this follows three months of weak growth (0.2 percent) and raises concerns amid global uncertainty and upcoming fiscal challenges.

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK's Economic Decline: Welfare Cuts and Stagnant Incomes Push Poorest Districts Behind Slovenia and Malta

A new report by the NIESR reveals that the UK has fallen behind other affluent nations due to a decade of welfare cuts and stagnant incomes, with the poorest districts now ranking below those in Slovenia and Malta; the report warns of a threat to the UK's reputation for high living standards and cal...

Progress

48% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
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UK Government Announces Major Spending Cuts Amidst Economic Uncertainty

The UK government will implement substantial spending cuts this month, eliminating a £10 billion budget reserve, due to global economic factors and rising borrowing costs, potentially causing political conflict and welfare reforms.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves Considers ISA Changes to Boost UK Investment

Chancellor Rachel Reeves is considering changes to ISA rules to encourage greater investment in stocks and shares, potentially altering cash ISA contribution limits to boost economic growth, despite concerns from building societies about the impact on lending and mortgage rates.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Chancellor Faces £9.9bn Financial Shortfall

UK Chancellor Rachel Reeves faces a £9.9bn financial shortfall due to slower-than-expected economic growth (0.75% vs projected 1.5%), increased borrowing costs, and global economic uncertainties, forcing difficult political choices.

Progress

48% Bias Score

Reduced Inequality

Showing 97 to 108 of 156 results