Tag #Uk Economy

Showing 145 to 156 of 697 results

theguardian.com
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UK Renationalizes British Steel, Signaling Return to Industrial Policy

The UK government has renationalized British Steel, signaling a return to industrial policy after decades of market-based approaches; this is due to the looming closure of Britain's last blast furnaces and recognition of steel's strategic importance for energy transition and supply chain security.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 75% Global Worthiness
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UK 5% Deposit Mortgages Surge to 17-Year High

The UK's 5% deposit mortgage market has seen a dramatic rise to 442 products—a 17-year high—with average interest rates at 5.62% (five-year fix) and 5.81% (two-year fix), driven by government incentives and lenders' strategies; however, negative equity risk remains a concern.

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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UK Government Intervenes to Save British Steel Plant

The UK government passed emergency legislation to take control of British Steel's Scunthorpe plant, preventing its closure due to the Chinese owner's alleged refusal to supply essential raw materials, raising concerns about the UK's long-term steel production and national security.

Progress

40% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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UK Government to Debate Emergency Laws to Save British Steel

To prevent the closure of British Steel's Scunthorpe plant, which employs 3,500 people and produces vital steel, the UK government will debate emergency laws today allowing it to take control, prompted by the owner Jingye's decision to halt operations due to unsustainable costs.

Progress

60% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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UK Government Takes Emergency Control of British Steel

The UK government took emergency control of British Steel's Scunthorpe plant on Saturday, averting its closure and preserving 3,500 jobs after negotiations with the Chinese owner, Jingye Group, failed. The plant is the UK's last maker of virgin steel.

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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UK Government Intervenes to Prevent British Steel Plant Closure

To prevent the closure of British Steel's Scunthorpe plant and the loss of 3,500 jobs, the UK government recalled parliament on a Saturday to pass emergency legislation enabling the government to take control of the site from its Chinese owner, Jingye Group, amid global steel market instability and ...

Progress

60% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Government Takes Control of British Steel Plant to Secure Steel Production

The UK government took control of British Steel's Scunthorpe plant, securing essential materials to prevent its closure, safeguarding 2,700 jobs and maintaining the UK's virgin steel production capacity after negotiations with the Chinese owner Jingye failed.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Government Seizes Control of British Steel

The UK government took control of British Steel's Scunthorpe plant from its Chinese owners, Jingye, after a Saturday parliamentary sitting, averting its closure and thousands of job losses; the Royal Navy's potential involvement in fuel delivery highlights the urgency of the situation.

Progress

60% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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National Theatre Launches Training Initiative to Address Critical Theatre Worker Shortage

The National Theatre is launching a nationwide training initiative to combat a critical shortage of skilled theatre workers caused by a dramatic decline in performing arts education, with funding from Bank of America to expand its Skills Centre and provide apprenticeships.

Progress

36% Bias Score

Quality Education
dw.com
🌐 85% Global Worthiness
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UK Parliament Approves Emergency Bill to Save British Steel

The UK Parliament passed an emergency bill on April 12th, 2025, to prevent British Steel's closure, saving 3,500 jobs; the government may nationalize the company after negotiations with Chinese owner Jingye failed due to the company's daily losses of £700,000.

Progress

48% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
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UK Government Takes Control of British Steel Blast Furnaces

The UK Parliament initiated emergency proceedings on April 12th to authorize government control of British Steel's last two blast furnaces, averting the loss of 2,700 jobs and preventing irreversible damage to the UK's steel production capacity. The government aims to explore options to keep the pla...

Progress

36% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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UK Government Takes Control of British Steel's Scunthorpe Plant

The UK government will likely assume control of British Steel's Scunthorpe plant this Saturday, overriding Chinese owner Jingye to prevent closure, incurring daily costs of £700,000 to maintain operations and avoid job losses, while facing pressure to modernize amidst global uncertainties.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 145 to 156 of 697 results