Tag #Uk Economy

Showing 121 to 132 of 1,018 results

bbc.com
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UK Faces £41.2 Billion Budget Shortfall, Tax Hikes Likely

The UK government faces a £41.2 billion shortfall in its borrowing target, prompting the National Institute of Economic and Social Research (Niesr) to recommend tax increases, including council tax reform, to meet Chancellor Rachel Reeves's fiscal rules. This is partly due to weaker economic growth ...

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48% Bias Score

Reduced Inequality
dailymail.co.uk
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£50 Billion UK Budget Deficit Requires Drastic Fiscal Measures

The UK faces a £50 billion budget deficit by 2029/30, necessitating significant tax increases or spending cuts according to the National Institute of Economic and Social Research (NIESR); this is due to Labour's lack of an economic plan upon entering government, and failure to address this will have...

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56% Bias Score

Reduced Inequality
dailymail.co.uk
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Tax Threshold Freeze Impacts Millions of British Savers

Millions of Britons will face higher tax bills on their savings this year because of frozen tax thresholds and rising interest rates, impacting 3.4 million people, up from 3.1 million five years ago; critics urge the Chancellor to address the effects of the tax-threshold freeze, known as 'fiscal dra...

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48% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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UK Faces £41.2bn Budget Shortfall, Forcing Tough Choices

The UK government faces a £41.2bn shortfall by 2029-30, violating fiscal rules due to poor economic growth, higher borrowing, and reversed welfare cuts, forcing tough choices on tax rises or spending cuts in the autumn budget.

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48% Bias Score

Reduced Inequality
dailymail.co.uk
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British Firm's Success Highlights Youth Unemployment Solution

David Nieper, a British fashion company, reports 100% employment for its sixth-form graduates and nearly 98% for 16-year-olds, contrasting with national youth unemployment figures and prompting a call for tax incentives to encourage youth employment.

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56% Bias Score

Quality Education
news.sky.com
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FCA to Pay £9-£13.5 Billion in Motor Finance Compensation

The UK's Financial Conduct Authority (FCA) will create a compensation scheme costing £9-£13.5 billion for thousands of motorists who bought cars on finance before 2021 due to firms' non-compliance with disclosure rules on commission payments, with payouts expected to start next year.

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36% Bias Score

Reduced Inequality
theguardian.com
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UK Child Poverty Crisis: Urgent Need for Action

The UK faces a child poverty crisis, projected to affect 4.8 million children by 2029, exceeding previous levels and attributed to 14 years of Conservative policies, particularly the two-child benefit cap. The author proposes taxing the gambling industry and reversing the two-child benefit cap to al...

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56% Bias Score

No Poverty
theguardian.com
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UK Faces £41.2 Billion Budget Deficit, Forcing Tax Hikes

The UK faces a £41.2 billion budget deficit, prompting Chancellor Rachel Reeves to consider tax increases to meet fiscal targets, according to the National Institute of Economic and Social Research (NIESR).

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44% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Faces £40 Billion Budget Black Hole, Forcing Tax Hike Consideration

Chancellor Rachel Reeves faces a £40 billion budget deficit, prompting consideration of income tax hikes, VAT increases, or National Insurance reversals, each with potential economic and political ramifications.

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52% Bias Score

Reduced Inequality
dailymail.co.uk
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US and UK Central Banks Face Political Pressure

US President Trump attacks Federal Reserve Chairman Jay Powell for resisting interest rate cuts, while in the UK, the Bank of England faces criticism for its quantitative tightening policy, involving the sale of £895 billion in gilts, amidst political pressure from both the left and right.

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48% Bias Score

Reduced Inequality
dailymail.co.uk
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UK's Net Zero Policy Drives Soaring Energy Costs Amidst Economic Crisis

The UK's Allocation Round 7 (AR7) auction for renewable energy contracts, a cornerstone of Labour's Net Zero plan, is causing soaring energy costs and economic hardship, with 60 percent of Britons identifying cost of living as their primary concern, while the unreliability of renewables poses a thre...

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72% Bias Score

No Poverty
dailymail.co.uk
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Comparing Britain's 1951 and Current Budgets: Debt, Spending, and Shifting Priorities

The 1951-52 British budget, under Hugh Gaitskell, allocated 8.5% of national output to defense amid the Korean War, while facing a national debt of 200% of GDP and high interest payments; this is compared to the current budget's focus on welfare, NHS and education, with a national debt of 100% of GD...

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32% Bias Score

Reduced Inequality

Showing 121 to 132 of 1,018 results