Tag #Recession

Showing 193 to 204 of 305 results

theguardian.com
🌐 85% Global Worthiness
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UK Faces Record Redundancy Wave Amidst Collapsing Business Confidence".

A survey reveals UK employers are preparing for the largest redundancy round in a decade due to decreased business confidence and upcoming tax increases, impacting various sectors and potentially leading to increased unemployment and inflation.

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Avoids Recession, but Living Standards Decline

The UK economy grew by 0.1 percent in the fourth quarter of 2024, avoiding a technical recession, but GDP per capita fell by 0.1 percent, highlighting a decline in living standards despite December's 0.4 percent expansion.

Progress

56% Bias Score

No Poverty
theguardian.com
🌐 85% Global Worthiness
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UK Job Market Crisis: Millions Unemployed Amidst AI and Economic Downturn

The UK job market is experiencing a severe downturn, with 1.57 million unemployed between September and November 2024, and millions more economically inactive; highly skilled individuals face intense competition and low wages, while AI and economic uncertainty contribute to reduced vacancies.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Growth Forecast Halved Amid Stagflation Fears, Labour Holds Secret Crisis Meeting

The Bank of England slashed its UK growth forecast to 0.75 percent, warned of rising inflation to 3.7 percent, and hinted at stagflation, forcing a crisis meeting of Labour ministers who plan to keep details secret, sparking criticism from the opposition.

Progress

48% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Businesses Warn Against Further Tax Rises Amid Economic Downturn Fears

Following the October budget's £25 billion employer national insurance rise, businesses warn against further tax increases amid economic downturn fears, with economists predicting a public finance black hole.

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52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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US-Canada Tariff War Threatens Economic Stability

A US-Canada tariff war threatens economic prosperity, potentially leading to job losses, reduced work hours, decreased investment returns, and increased consumer goods prices. The federal government is planning a financial assistance package, but the cost will strain federal finances.

Progress

60% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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UK Chancellor Faces Budget Crisis Amidst Recession Fears

The UK's Office for Budget Responsibility (OBR) forecasts show Chancellor Rachel Reeves will breach her own fiscal rules due to a downgraded growth outlook and increased borrowing costs, resulting in a £10 billion loss of headroom and potentially necessitating spending cuts or further tax increases;...

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60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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US Tariffs Threaten £400 Million in UK Steel Exports, Jeopardizing Thousands of Jobs

The US is imposing a 25% tariff on steel and aluminum imports, impacting UK exports worth £400 million annually and threatening 75,700 jobs in the steel sector and its supply chain, worsening the UK's potential recession.

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64% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Germany's Economic Slump and Proposed Reform Plan

Germany faces a potential 2025 recession, lagging in G7 growth, prompting proposed reforms including tax cuts, energy policy changes, bureaucratic reduction, and a skilled worker initiative.

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56% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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Bank of England Cuts Rates Amid Bleak Growth Forecast

The Bank of England cut interest rates on Thursday, slashing its 2025 UK growth forecast to 0.75 percent while warning that inflation will remain above target at 3.5 percent, reflecting the impact of rising natural gas prices and recent tax increases.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Bank of Canada Expected to Cut Rates Amidst US Tariff Impact

Money markets anticipate the Bank of Canada will cut interest rates by 0.25 percentage points next month and potentially another 0.25 percentage points in April due to the negative economic effects of recently imposed US tariffs on Canadian imports, causing a predicted recession later this year.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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ECB Cuts Rates Again Amid Eurozone Economic Stagnation

The European Central Bank cut interest rates to 2.75 percent for the fifth time since June, responding to the eurozone's stagnant economy and recessionary risks in Germany and France, while the US economy grew by 2.8 percent in 2024.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 193 to 204 of 305 results