Tag #Uk Economy

Showing 193 to 204 of 502 results

theguardian.com
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UK Economy Surges 0.1% in Q4 2024, Defying Forecasts

Britain's economy grew 0.1% in Q4 2024, defying predictions of a 0.1% decline; December saw 0.4% growth, driven by services, offsetting production sector weakness; Chancellor Reeves receives a boost after budget criticism.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Tax Evasion Costs Billions, MPs Warn

A UK parliamentary report reveals that tax evasion is costing the UK £5.5 billion annually, a figure MPs believe is likely underestimated due to systemic loopholes and a lack of inter-agency collaboration to combat fraud.

Progress

36% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Goldman Sachs Ends Board Diversity Rule

Goldman Sachs ended its policy of requiring diverse boards for companies seeking its IPO assistance, citing the policy's success and a US court ruling against similar Nasdaq rules; this action reflects a broader trend among corporations reconsidering DEI initiatives.

Progress

44% Bias Score

Gender Equality
dailymail.co.uk
🌐 75% Global Worthiness
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NatWest Cuts Mortgage Rates Amidst Price War

NatWest is lowering mortgage rates by up to 0.36 percentage points, following similar cuts by other lenders, creating a competitive price war and potentially driving rates below 4% for the first time since November.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Mann's Surprise Vote for Larger UK Interest Rate Cut

Bank of England policymaker Catherine Mann surprisingly voted for a 0.5% interest rate cut last week, differing from the MPC's 0.25% decision, believing a slowing jobs market will contain inflation despite a projected rise to 3.7% by 2025 due to rising energy and other costs.

Progress

36% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Trump's Steel Tariffs Threaten UK Industry

President Trump announced a 25% tariff on steel imports to the US, including from the UK, jeopardizing over £400 million of the UK steel industry's contribution to the balance of trade. The UK government is adopting a 'wait and see' approach, while UK Steel calls for decisive action to mitigate the ...

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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UK Economy Defies Expectations with 0.1% Growth in Q4 2024

The UK economy unexpectedly grew by 0.1% in the last quarter of 2024, driven by construction and services, despite lower living standards and concerns about future growth due to tax increases.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Beales Closes Final Store, Blaming UK Budget Changes

Beales, a 144-year-old department store chain, is closing its last store in Poole, England, in May 2024, blaming rising costs stemming from recent UK budget changes, impacting 25 employees and highlighting challenges faced by smaller retailers.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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UK's Stark Gender Gap in STEM: £250 Billion Economic Opportunity at Stake

On International Women in STEM Day, the UK highlights the stark underrepresentation of women in STEM careers (30% overall, 23% in computer science, 21% in engineering), emphasizing systemic issues and advocating for bold, systemic change to unlock the £250 billion potential economic growth identifie...

Progress

48% Bias Score

Gender Equality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Launches Mobile Jobcentres to Combat Youth Unemployment Crisis

UK Employment Minister Alison McGovern calls high youth unemployment a "disaster," launching mobile Jobcentres to address the 946,000 young people aged 16-24 not in employment, education, or training as of late 2022; the program is expanding across the UK.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Considers Zonal Pricing to Boost AI Datacenter Boom

Tech companies are urging the UK to adopt zonal electricity pricing to attract AI datacenters to areas with ample renewable energy, potentially reducing costs by 65% in locations like Scotland, but raising concerns about the profitability of new clean energy projects.

Progress

48% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 75% Global Worthiness
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UK to Subsidize Drax Power Plant with £1.8 Billion

The UK government will provide Drax power plant with £1.8 billion in subsidies from 2027-2031 to ensure energy security, despite the plant's high profits and past subsidies totaling £7 billion since 2012, with a guaranteed power price significantly above market rates.

Progress

44% Bias Score

Affordable and Clean Energy

Showing 193 to 204 of 502 results