Tag #Uk Economy

Showing 229 to 240 of 988 results

dailymail.co.uk
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UK Heatwave Fuels £1.7 Billion Air Conditioning Market Boom

Britain's record-breaking June heatwave boosted the air conditioning market, projected to reach £1.7 billion by 2034, with companies like Johnson Controls and Carrier seeing significant stock gains; investment funds are capitalizing on this trend across various climate-related sectors, including bui...

Progress

40% Bias Score

Climate Action
dailymail.co.uk
🌐 85% Global Worthiness
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UK Faces £40 Billion Budget Deficit, Tax Hikes Imminent

Shadow Chancellor Rachel Reeves warned of upcoming tax increases to address a potential £40 billion budget deficit this autumn, resulting from costly government U-turns on welfare reforms and sluggish economic growth, leaving the government with limited options to balance the books.

Progress

68% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Bean Urges Reeves to Expand UK Fiscal Headroom to £30bn

Former Bank of England deputy governor Charlie Bean urges Chancellor Rachel Reeves to increase the UK's fiscal headroom from under £10bn to £30bn, citing the risks of insufficient buffer against forecasting errors and the recent political fallout over benefit cuts.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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AstraZeneca's Potential US Relocation Could Cost UK £1 Billion Annually

AstraZeneca, a £161 billion pharmaceutical company, is considering moving its stock market listing from London to Wall Street due to concerns over UK drug pricing and regulatory issues, potentially costing the UK Treasury £1 billion annually in taxes and impacting the UK's economic growth.

Progress

68% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK Government Debt: Rising Interest Rates Exacerbate Fiscal Challenges

The UK government faces increasing fiscal constraints due to rising interest rates on its substantial debt, near 90% of GDP, exacerbated by global factors including US tariffs and the war in Ukraine, impacting public spending and policy flexibility.

Progress

44% Bias Score

Reduced Inequality
news.sky.com
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Pound Falls, Borrowing Costs Rise Amid Uncertainty Over Chancellor's Future

On Wednesday, uncertainty over Chancellor Rachel Reeves's future following a government U-turn on its welfare bill and comments from Sir Keir Starmer caused the pound to fall to a one-week low against the dollar and euro, while government borrowing costs rose.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
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UK Faces £30 Billion Budget Shortfall: Reeves Weighs Risky Options

Facing a £30 billion budget shortfall, Chancellor Rachel Reeves must choose between breaking fiscal rules, cutting spending, increasing taxes (despite manifesto pledges), imposing wealth taxes, or raising business taxes, each option carrying significant political and economic risks.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Labour's First Year: Falling Polls and Market Anxieties

One year after Labour's landslide victory, falling poll numbers and market anxieties challenge their economic and legislative successes, despite progress on asylum backlogs and NHS planning.

Progress

40% Bias Score

Reduced Inequality
abcnews.go.com
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Chancellor's Tears Trigger Market Volatility

During Prime Minister's Questions, Chancellor Rachel Reeves cried, causing market turmoil due to concerns over U.K. fiscal discipline; Prime Minister Keir Starmer's subsequent reassurance calmed markets.

Progress

56% Bias Score

Decent Work and Economic Growth
thetimes.com
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Pound Rises, Market Gains Amidst Athora's PIC Bid and French Air Strike

The pound strengthened, UK markets rose, Athora seeks a major stake in Pension Insurance Corporation, a French air traffic controller strike cancels hundreds of flights, and several UK companies report financial results.

Progress

32% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Faces 'Tax Bomb' After Labour's Welfare U-turn

The UK government faces a "tax bomb" this autumn due to a £5 billion shortfall caused by Labour's reversal on disability benefit cuts, leaving limited options for meeting fiscal rules and potentially necessitating tax increases.

Progress

60% Bias Score

No Poverty
dailymail.co.uk
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UK Bond Yields Fall After PM Rules Out Chancellor's Dismissal

UK government bond yields fell today after Prime Minister Keir Starmer confirmed Chancellor Rachel Reeves would remain in her position, easing market concerns that had driven up borrowing costs the previous day; however, lingering uncertainties persist regarding the UK's fiscal policy amid high infl...

Progress

36% Bias Score

Reduced Inequality

Showing 229 to 240 of 988 results