Tag #Uk Economy

Showing 181 to 192 of 1,018 results

dailymail.co.uk
🌐 85% Global Worthiness
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UK Billionaire Exodus: Tax Reforms Trigger Mass Departure

The UK has seen a mass exodus of billionaires in the last two years due to Labour's tax reforms, including the axing of the non-dom regime and the potential imposition of a wealth tax, impacting tax revenue and the UK economy.

Progress

76% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Grocery Inflation Soars, Adding £275 to Annual Food Bills

UK grocery inflation hit a new high of 5.2 percent in the four weeks to July 13, potentially adding £275 to the average annual household food bill of £5,283, prompting shoppers to buy more own-label products and simpler meals, while boosting sales for discount retailers like Aldi and Lidl.

Progress

36% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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UK June Borrowing Hits £20.7 Billion, Exceeding Forecasts

The UK government's June borrowing totalled £20.7 billion, exceeding forecasts by £4.2 billion and driven by increased public service costs and higher debt-servicing costs, amid growing economic uncertainty and recent government policy reversals.

Progress

48% Bias Score

Reduced Inequality
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
🌐 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
🌐 75% Global Worthiness
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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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Falling Easy-Access Rates Drive Savers Towards Fixed-Rate Cash ISAs

Falling rates on popular easy-access accounts are prompting savers to consider fixed-rate cash ISAs, which offer higher, albeit less immediately attractive, returns with withdrawal penalties; the best rates are unlikely to last.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Food Inflation Drives Shift to Simpler Meals and Own-Label Products

Rising food prices in the UK are prompting consumers to simplify meal preparation and favor cheaper own-label products, as grocery inflation hits a high of 5.2% in July, potentially adding £275 to average annual grocery bills.

Progress

32% Bias Score

Zero Hunger
news.sky.com
🌐 75% Global Worthiness
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UK Chancellor Weighs Wealth Tax Amidst £6 Billion Budget Deficit

Facing a £6 billion budget deficit after reinstating welfare payments, the UK chancellor considers a wealth tax on assets over £10 million to raise £12 billion, but faces concerns about its effectiveness and potential capital flight.

Progress

40% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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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
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

Showing 181 to 192 of 1,018 results