Tag #Uk Economy

Showing 157 to 168 of 494 results

bbc.com
🌐 75% Global Worthiness
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BMW Delays Oxford Mini Electric Vehicle Production

BMW delayed its £600 million Oxford Mini plant upgrade and declined a £60 million government grant due to automotive industry uncertainties, pushing back the 2026 launch of two new electric Mini models, while remaining in discussion with the UK government.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 85% Global Worthiness
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Mining Giants Eye Exit from London Stock Exchange

Facing undervaluation and low liquidity, major mining companies like Glencore and Rio Tinto are considering leaving the London Stock Exchange, following about 90 other companies in the past year, potentially causing significant damage to the UK financial market.

Progress

52% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Lloyds Triples Car Finance Mis-selling Provision to £1.2 Billion

Lloyds Banking Group tripled its provision for a car finance mis-selling scandal to £1.2 billion, impacting its annual profits, while facing a potential Supreme Court ruling in April impacting millions of customers and other lenders.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Small Firms to Cut Staff Amid Workers' Rights Bill Concerns

One-third of UK small businesses plan to cut staff in response to the proposed Workers' Rights Bill, which expands unfair dismissal grounds and increases sick pay costs, leading to concerns about increased unemployment and welfare costs according to the Federation of Small Businesses.

Progress

72% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Households Face Double Blow from Rising Energy and Water Bills

British households face a double blow as energy bills are set to rise by £85 to £1,823 annually in April, while three more water companies seek further price hikes, totaling £157 annually over the next five years, despite pre-election promises of a £300 reduction.

Progress

64% Bias Score

No Poverty
bbc.com
🌐 75% Global Worthiness
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UK Wage Growth Outpaces Inflation, But Future Uncertain

UK average wages rose 3.4% (inflation-adjusted) in October-December 2024, but concerns remain about future wage growth due to increased employer costs, including National Insurance changes, potentially impacting investment and economic growth.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Record Low in UK Train Reliability: Over 217,000 Services Canceled

More than 217,000 train services were canceled in Britain in the past year due to industrial disputes and staff shortages, resulting in the worst railway reliability since 2015 and impacting millions of passengers.

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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German Economy: Domestic Concerns Contrast with Positive UK SME Perception

A survey of 500 British SMEs reveals a positive view of Germany's economic potential despite domestic criticism of bureaucracy, high costs, and infrastructure issues; Germany ranks highly for political stability and quality of life, while British SMEs see higher growth potential in Germany than in m...

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Increased Public Spending: A Pro-Growth Policy for Britain?

Britain's Pensions Minister, Torsten Bell, argues that increased public spending, including £25bn for the NHS, is a pro-growth policy, countering claims that tax increases harm the economy. He uses examples like retail security costs due to shoplifting and NHS-related worker absences to illustrate t...

Progress

40% Bias Score

Good Health and Well-being
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
dailymail.co.uk
🌐 85% Global Worthiness
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Glencore Considers Leaving London Stock Exchange Amid Profit Drop

Glencore, a £40.3 billion FTSE 100 mining company, is considering leaving the London Stock Exchange due to valuation concerns, mirroring a trend of 88 companies departing in 2024, the highest number since 2009, as its profits fell 16% to $14.4 billion.

Progress

60% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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UK Inflation Surges, but Bank of England to Continue Rate Cuts

UK inflation hit 3% in January, surpassing forecasts and the Bank of England's target, driven by airfares and school fees; despite this, the Bank is expected to continue cutting interest rates due to weak economic growth.

Progress

36% Bias Score

Reduced Inequality

Showing 157 to 168 of 494 results