Tag #Uk Economy

Showing 13 to 24 of 696 results

theguardian.com
🌐 85% Global Worthiness
News related image

OECD Downgrades UK Growth Forecast Amid Trump Tariff Impact

The OECD slashed UK economic growth forecasts for 2025 and 2026 to 1.3% and 1%, respectively, largely blaming Trump's tariffs and constrained government spending, warning of a "very thin fiscal buffer".

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
News related image

OECD Cuts UK Growth Forecast, Urges Tax Loophole Closure and Council Tax Revaluation

The OECD slashed UK growth forecasts to 1.3 percent this year and 1 percent next year, urging Rachel Reeves to plug tax loopholes and re-evaluate council tax bands, potentially resulting in higher bills for those in larger or more expensive homes, while interest rates are projected to remain higher ...

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
News related image

Reeves's Spending Review: Austerity Returns Despite Increased Spending

Rachel Reeves's upcoming spending review will necessitate difficult cuts across various sectors despite increased overall spending, creating a political challenge amid an already strained economy and public services.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
News related image

London Phone Theft Epidemic Deterring Tourists, Forcing Businesses to Increase Security

London is facing a phone theft epidemic costing £50 million annually, deterring tourists, and forcing businesses to increase security spending; police are implementing new measures, including the use of invisible DNA, to combat the issue.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
dailymail.co.uk
🌐 85% Global Worthiness
News related image

RBS Privatization: A 17-Year Recovery

In 2008, the Royal Bank of Scotland (RBS) received a £45 billion taxpayer bailout following a financial crisis triggered by its risky expansion and mismanagement; 17 years later, the UK government has fully sold its stake, marking a significant turning point but leaving taxpayers with over £10 billi...

Progress

56% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

U.K. Auto Production Hits 70-Year Low

U.K. car production slumped to a 70-year low in April 2024, with only 59,203 vehicles manufactured, a 15.8% drop year-on-year and a 25% fall from March, due to factors including decreased export demand and the transition to electric vehicles.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
News related image

Trump's Trade Policies Increase Uncertainty for Bank of England's Interest Rate Decisions

Bank of England Governor Andrew Bailey stated that the path of UK interest rates is more uncertain due to Donald Trump's trade policies, causing businesses to delay investments and potentially necessitating further rate cuts.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Bank of England Warns of Increased Uncertainty Amidst Downgraded UK Growth Forecast

Bank of England governor Andrew Bailey warned that interest rate cuts are now 'more uncertain' due to Donald Trump's trade war, as the OECD downgraded UK growth forecasts to 1.3 percent this year and 1 percent next, citing heightened trade tensions and tighter financial conditions.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
News related image

UK Businesses Fear Cyberattacks Could Cause Widespread Financial Ruin

A survey of 250 UK security leaders reveals that two-thirds fear a cyberattack similar to the one that cost Marks & Spencer £300 million could cripple their organizations, with the average ransomware attack costing £850,000; remote devices are cited as the biggest vulnerability, and several companie...

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
News related image

Marks & Spencer Cyberattack to Cost £300 Million

A cyberattack on Marks and Spencer is expected to cost the retailer £300 million in lost operating profits, highlighting the vulnerability of even large organizations to hacking and the importance of robust cybersecurity measures.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Council Tax Loopholes Cost Local Authorities £334 Million

A loophole allowing second homeowners to avoid a 100 percent council tax premium by registering their properties as holiday lets is costing English and Welsh local authorities £334 million in lost revenue—double the amount lost last year—due to the 2023 Levelling Up and Regeneration Act.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Reform UK's Bitcoin Policy and Controversial Tax Cut Plan

Reform UK announced it will accept Bitcoin donations and implement significant tax cuts totaling at least £60 billion if elected, a move criticized by economists for lacking credible funding and potentially triggering a financial crisis like Liz Truss's mini-budget.

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 696 results