Tag #Uk Economy

Showing 157 to 168 of 988 results

politico.eu
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U.K. Bioethanol Producer Faces Closure After U.S. Trade Deal

The U.K.'s bioethanol producer, Vivergo Fuels, faces closure due to the U.K.-U.S. trade deal that eliminated tariffs on U.S. ethanol, threatening 160 jobs and billions in investment, prompting the British government to negotiate potential financial support by August 17th.

Progress

52% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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UK Unemployment Rises to 4.7 Percent Amidst Labor Costs and US Tariffs

Britain's unemployment rate hit a near four-year high of 4.7 percent in March-May 2025, driven by increased labor costs, US tariffs, and a challenging recruitment landscape affecting small businesses disproportionately, with 20 percent shedding staff in Q2 2025.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Chancellor Considers Pension Tax Relief Cuts Amid Budget Crisis

Facing a £30 billion budget shortfall, UK Chancellor Rachel Reeves is considering reducing pension tax relief as an alternative to a wealth tax, which faces internal opposition, despite backbench pressure; this could raise £15 billion but may negatively impact retirement savings.

Progress

52% Bias Score

Reduced Inequality
thetimes.com
🌐 75% Global Worthiness
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UK Government's Economic Growth Plan: Boosting Investment and Mortgage Lending

The UK government is implementing measures to boost economic growth by encouraging citizens to invest more, expanding mortgages for first-time buyers, and directing pension funds towards domestic investments; however, concerns remain about potential risks and consumer protection.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Considers Lowering Pension Auto-Enrollment Age to Boost Savings and Growth

The UK is considering lowering its pension auto-enrollment age from 22 to 18 and increasing minimum contribution levels to improve retirement savings and boost economic growth, potentially increasing retirement funds by 15 percent, mirroring successful models in Australia and Canada.

Progress

48% Bias Score

Decent Work and Economic Growth
bbc.com
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Yorkshire's Cost-of-Living Crisis Fuels Household Debt Surge

The cost-of-living crisis in Yorkshire, UK, is causing a surge in household debt, leaving many feeling isolated and ashamed; Christians Against Poverty (CAP) reports that most people seeking help feel isolated, fearing contact from creditors, while the government is consulting on debt enforcement re...

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44% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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UK Launches Pensions Commission to Tackle Retirement Savings Crisis

The UK government established a new Pensions Commission to tackle insufficient retirement savings, projected to leave 2050 retirees £800 annually worse off than current pensioners; the commission will investigate barriers to saving and report in 2027.

Progress

56% Bias Score

Reduced Inequality
news.sky.com
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UK to Review State Pension Age Amidst Concerns of Future Pensioner Poverty

The UK government announced an early review of the state pension age (currently 66), driven by concerns about future pensioners receiving significantly less income and low savings rates among the working-age population; a new Pension Commission will provide recommendations by 2027.

Progress

60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK to Sell Confiscated Bitcoin to Fund Spending

The UK government plans to sell over £5 billion worth of bitcoin seized from criminals to fund public spending, potentially alleviating pressure to raise taxes; this follows plans to develop a system for regular sales of confiscated cryptocurrencies.

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36% Bias Score

Reduced Inequality
zeit.de
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UK Economic Stagnation Fuels Public Discontent Under Labour Government

High national debt and economic stagnation following a year of Labour rule in the UK are causing widespread public discontent, impacting everyday life and boosting the popularity of opposition parties.

Progress

56% Bias Score

No Poverty
thetimes.com
🌐 75% Global Worthiness
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UK Eases Mortgage Rules, Raising Concerns of 2008 Crisis Repeat

The Bank of England relaxed mortgage lending rules, allowing banks to lend more to lower-income borrowers, aiming for 36,000 more first-time buyer mortgages annually; however, critics fear this could lead to a repeat of the 2008 financial crisis due to the persistent gap between house prices and sal...

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Wise's Missed Profit Forecasts Dampen New York Listing Prospects

Wise, a British fintech company, missed profit forecasts in Q2 2024, reporting £362 million in earnings (below analyst expectations of £372 million), causing its share price to fall by as much as 11 percent and raising concerns about its upcoming New York Stock Exchange listing.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 157 to 168 of 988 results