Tag #Uk Economy

Showing 133 to 144 of 697 results

theguardian.com
🌐 85% Global Worthiness
News related image

NatWest to be fully privatized after 2008 bailout

NatWest will hold its last shareholder meeting before full privatization, with the government selling its remaining 2.99% stake after a 17-year restructuring following its £46bn bailout in 2008; the government expects to recoup about £25bn.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Small Businesses Demand Urgent Talks on UK Vaping Bill to Avoid Mass Closures

Facing potential closure due to the UK's Tobacco and Vapes Bill, 24 small business owners representing major brands are demanding urgent government talks, citing a report predicting 7,700 shop closures and 70,000 job losses if the bill passes in its current form.

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
News related image

Labour's Growing Frustration with the Office for Budget Responsibility

The UK Labour Party's dissatisfaction with the Office for Budget Responsibility (OBR) has intensified following the Spring Statement, where OBR forecasts led to deeper-than-expected cuts to disability benefits (£4.8bn) and sparked internal debate about the OBR's role in the party's economic policy.

Progress

64% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
News related image

UK Government Intervenes to Save Scunthorpe Steelworks, Highlighting Shift in Industrial Policy

The UK government intervened to prevent the closure of Scunthorpe steelworks, the last virgin steel producer in the UK, appointing new management to ensure its continued operation, citing national security concerns and a shift in policy to protect strategic industries, contrasting with previous relu...

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
news.sky.com
🌐 85% Global Worthiness
News related image

UK Government Secures Raw Materials to Prevent British Steel Plant Closure

The UK government has secured the raw materials to keep British Steel's Scunthorpe plant operating after the collapse of negotiations with Chinese owner Jingye, who allegedly planned to shut down the plant by halting raw material orders; three ships carrying materials are either docked or en route t...

Progress

52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
News related image

UK Job Market Slowdown as Payroll Numbers and Vacancies Fall

UK payroll employment fell by 78,000 to 30.3 million in March 2023, and vacancies dropped by 26,000 to 781,000—below pre-pandemic levels—amid concerns over a looming tax increase and economic slowdown.

Progress

48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 65% Global Worthiness
News related image

Five Strategies for First-Time UK Homebuyers

Facing a £34,500 average deposit hurdle, UK first-time buyers can utilize Lifetime ISAs for government bonuses, explore 95% LTV mortgages, consider shared ownership, use income-boost mortgages, or find professional mortgages, signifying evolving home-buying strategies.

Progress

20% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

High UK Energy Costs Despite Renewable Energy Surge

Britain's electricity prices remain high despite renewable energy exceeding 50% of generation in 2023, due to a gas-dominated market pricing system; this 'marginal pricing' sets prices based on the most expensive source, gas, 98% of the time, impacting businesses and investment.

Progress

40% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 75% Global Worthiness
News related image

Sainsbury's Forecasts Flat Profits Amidst Price War and Rising Costs

Sainsbury's, despite a £1 billion profit in the year to March 1st, anticipates flat profits this year due to a predicted price war and rising costs, prompting cost-cutting measures including warehouse closures and increased automation to save £650 million over two years.

Progress

44% Bias Score

No Poverty
bbc.com
🌐 85% Global Worthiness
News related image

UK Government Saves British Steel from Closure

The UK government seized control of British Steel's Scunthorpe plant after a dispute with its Chinese owner, Jingye, securing emergency shipments of raw materials to keep its blast furnaces running for the coming weeks, preventing the loss of virgin steel production and safeguarding 2,700 jobs.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
News related image

B&M Shares Surge on Strong Sales Despite UK Slump

B&M European Value Retail's shares rose 3.8% to 310.5p on Tuesday after reporting £5.6 billion in sales for the year ending March 29, exceeding expectations despite a 3.1% drop in UK like-for-like sales, offset by growth in France and new store openings.

Progress

36% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Lloyds Banking Group Relaxes Mortgage Rules, Increasing Borrowing Capacity by £38,000

Lloyds Banking Group relaxed its mortgage rules, potentially increasing borrowing for typical households by £38,000 (13%), impacting its brands: Lloyds, Halifax, Bank of Scotland, and BM Solutions; this follows Santander's similar move last month, driven by reduced 'stress test rates', benefiting ho...

Progress

52% Bias Score

Reduced Inequality

Showing 133 to 144 of 697 results