Tag #Uk Economy

Showing 193 to 204 of 988 results

theguardian.com
🌐 75% Global Worthiness
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Greene King CEO Calls for Pub Tax Overhaul Amidst Rising Closures

Greene King's CEO calls for a change to the UK's business rates system, arguing the current property tax is unfair and contributes to the closure of more than 350 pubs in 2024, with projections for over one closure per day in 2025.

Progress

64% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's Tax Plans to Tackle £30 Billion Budget Deficit

The UK faces a £30 billion budget shortfall, prompting Labour to propose various tax increases like a wealth tax and bank surcharges, despite risks of public backlash and the current high tax burden of 38% of national output.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Global Equity Markets Hit Record Highs Amidst Gloomy Economic Outlook

Global equity markets, particularly the FTSE 100, are reaching record highs despite a negative global outlook due to investor optimism about trade resolutions, high foreign ownership of UK equities, and the FTSE 100's attractive dividend yield and share buybacks; however, risks remain due to US tari...

Progress

52% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Faces Looming Debt Crisis Amidst Economic Slowdown

The UK's May GDP fell further, while the OBR forecasts a potential tripling of national debt by 2075, highlighting unsustainable fiscal practices and the need for drastic changes in the upcoming budget.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Faces Unsustainable Public Finances Amidst Weak Growth

The UK faces a long-term unsustainable financial position due to rising state pension costs and weak economic growth since 2010, necessitating potential tax increases in the upcoming budget to address historically high national debt and stagnant wages.

Progress

56% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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UK Economy Shrinks for Second Month, Defying Analysts' Predictions

The UK economy contracted by 0.1% in May, marking the second consecutive month of decline, driven by a fall in manufacturing and weak retail sales, defying analysts' expectations and raising concerns about the government's economic priorities.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Surge in UK Job Seekers Amidst Tax Hikes and Economic Uncertainty

Britain's job market saw a surge in June 2024, with the number of job seekers rising at the fastest rate since November 2020, fueled by concerns over tax increases and economic uncertainty; permanent placements dropped sharply, impacting pay growth.

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Announces £700M EV Subsidy and £63M Charging Investment

The UK government announced £63 million for EV charging infrastructure and plans for £700 million in subsidies to lower electric car prices, aiming to boost the currently low market share (under 5%) despite recent sales growth (240% from 2021-2024), with a focus on UK-made and affordable vehicles.

Progress

32% Bias Score

Affordable and Clean Energy
bbc.com
🌐 75% Global Worthiness
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UK to Lower Electric Car Prices

The UK government will make electric cars cheaper to buy to boost adoption rates, Transport Secretary Heidi Alexander announced, though specifics remain unclear; this follows a £25 million investment in charging infrastructure for those without driveways, despite criticism from the Conservatives.

Progress

48% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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£10bn Boost for British Business Bank to Spur Economic Growth

The British Business Bank (BBB) received a £10 billion funding boost to invest in UK businesses across eight key sectors, aiming to stimulate economic growth and retain promising firms within the country, despite past controversies surrounding pandemic-era loan schemes.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 65% Global Worthiness
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50 Years of Fish and Chips: A Refugee Family's Success Story in Nottingham

Mike Konstandi's family, fleeing Cyprus in 1975, opened a fish and chip shop in Nottingham, which celebrates its 50th anniversary on July 28th, showcasing their journey from poverty and the challenges faced by small businesses amidst rising costs.

Progress

24% Bias Score

No Poverty
theguardian.com
🌐 85% Global Worthiness
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UK Government Considers Taking Control of Speciality Steel UK

The UK government is considering taking control of Speciality Steel UK (SSUK), employing 1,450 people, to prevent its closure after its parent company faces an insolvency hearing on Wednesday, driven by the strategic importance of its specialized steel production and potential job losses.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 193 to 204 of 988 results