Tag #Uk Economy

Showing 157 to 168 of 504 results

bbc.com
🌐 75% Global Worthiness
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Volklec's Planned UK Gigafactory: £25m Invested, Jobs Promised

Volklec plans a £1bn gigafactory near Coventry Airport, creating up to 1,000 jobs; £25.25m public funding is already committed, despite no firm commitment from Volklec, with production at the UK Battery Industrialisation Centre expected to start before the year's end.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Energy Bills to Surge £111 Annually

The average annual energy bill for British households will rise by £111 to £1,849 from April, driven by a 6.4% increase in the energy price cap, largely reflecting increased wholesale gas prices, impacting 9 million households immediately.

Progress

44% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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UK Corner Shops Face Economic Headwinds; Wholesale Giant Sounds Alarm

Jason Wouhra, CEO of Lioncroft Wholesale, discusses the challenges faced by 10,000+ independent businesses supplied by his company, emphasizing the importance of supporting these vital community cornerstones in the face of corporate competition and rising costs.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Hospitality to Cut Staff and Investment Due to Tax Changes

Facing increased employer NICs (to 15%), a higher national minimum wage (£12.21), and reduced rate relief, 70% of UK hospitality businesses plan staff cuts, 60% will cancel investments, and 15% may close sites, according to a survey of over 8,000 sites.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Poor Credit Scores Cost UK Borrowers Hundreds of Thousands in Extra Interest

UK borrowers with poor credit scores could pay £256,630 more in lifetime interest, double the cost since 2020, due to rising interest rates; improving credit scores offers significant financial benefits.

Progress

44% Bias Score

Reduced Inequality
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
🌐 75% Global Worthiness
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UK Energy Bills to Rise £111 Annually

Starting April 1st, UK energy bills will rise by £111 annually (6.4%) on average to £1,849, impacting 22 million households on variable tariffs; experts suggest securing fixed-rate deals to mitigate further price increases.

Progress

48% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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UK Creative Industries Launch "Make it Fair" Campaign Against AI Copyright Infringement

The UK's creative industries, contributing £120 billion yearly, launched a "Make it Fair" campaign on February 25th against AI firms using their content without permission or payment, coinciding with a government consultation on potentially weakening copyright law.

Progress

56% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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CAA Backs Gatwick Expansion, Citing Consumer Benefits Despite Potential Heathrow Third Runway

The Civil Aviation Authority (CAA) supports Gatwick airport's plan to increase capacity by 100,000 flights yearly, citing consumer benefits despite potential Heathrow expansion; a decision is pending by Thursday.

Progress

56% Bias Score

Sustainable Cities and Communities
news.sky.com
🌐 75% Global Worthiness
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Bain Capital Bids for Chemring in Latest UK Takeover Attempt

Bain Capital has made a bid to acquire Chemring, a FTSE 250 defense company, for approximately 390p per share, reflecting a broader trend of increased buyout activity targeting undervalued London-listed companies.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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BMW Halts £600m Mini Plant Investment Amid Declining EV Demand

BMW Group paused a £600 million investment in its Oxford Mini plant due to declining electric vehicle demand, impacting 4,000 projected jobs; the plant will continue producing combustion engine Minis while reviewing electric vehicle production plans, and will return a government grant.

Progress

36% 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

Showing 157 to 168 of 504 results