Tag #Uk Economy

Showing 265 to 276 of 990 results

bbc.com
🌐 75% Global Worthiness
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Poundland to Close 68 Stores, Jeopardizing 1,000+ Jobs

Poundland, a British discount retailer, will close 68 stores and two distribution centers, impacting over 1,000 jobs, as part of a turnaround plan involving rent negotiations that could result in further closures, following its sale to Gordon Brothers.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Israel-Iran Conflict: UK Government Vows to Protect Citizens from Rising Energy Costs

Following the Israel-Iran conflict, global oil prices increased, prompting UK Chancellor Rachel Reeves to pledge government action to protect citizens from rising energy costs; experts warn of long-term energy security challenges despite government investments.

Progress

16% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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Vodafone Terminates Contracts of Franchisees Amidst £120m Lawsuit

Vodafone terminated the contracts of 12 franchisees involved in a £120m lawsuit alleging unjust enrichment through commission cuts, despite previously reimbursing almost £5m to franchisees and claiming no misconduct; the dispute continues, impacting the newly merged VodafoneThree entity.

Progress

40% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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UK Economy Shrinks 0.3% in April Amidst Trade Uncertainty and Tax Hikes

The UK economy contracted by 0.3% in April, exceeding forecasts, due to financial uncertainty from US tariffs and impacting business confidence, as high employer national insurance contributions negatively affect operations; the government is urged to provide certainty on tax and trade.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK Chancellor Unveils Billions in Infrastructure Spending Amidst Departmental Cuts

Chancellor Rachel Reeves announced a multi-billion pound infrastructure investment plan focused on "renewing Britain," including significant funding for the NHS and defense, but also imposing real-terms cuts to several other government departments, causing concerns about a potential return to auster...

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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NHS Funding Increase Insufficient to Meet Waiting Time Targets

Despite a £29 billion annual funding increase for the NHS, equivalent to Portugal's GDP, health chiefs warn that waiting time targets are unlikely to be met due to rising costs, potentially leading to service cuts.

Progress

52% Bias Score

Good Health and Well-being
bbc.com
🌐 85% Global Worthiness
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UK Government Vows to Protect Citizens from Rising Energy Costs Amidst Israel-Iran Conflict

Following attacks by Israel and Iran, Chancellor Rachel Reeves announced the UK government will take all necessary measures to shield UK citizens from rising energy costs, mirroring the 2022 response to the Ukraine crisis; however, experts warn that the situation remains volatile.

Progress

32% Bias Score

Affordable and Clean Energy
bbc.com
🌐 75% Global Worthiness
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Increased Costs Force Cancellation of 25 East Anglian Festivals

The Cambridge Folk Festival, along with 24 other East Anglian festivals, was canceled in 2025 due to increased costs and inflation, resulting in a £320,000 loss for the Cambridge event in 2024 and significantly impacting local musicians and the regional economy.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's Spending Review: High Bond Yields Undermine Fiscal Strategy

Labour's spending review, criticized by the IFS as confusing and lacking strategic vision, faces challenges from high UK bond yields (4.5 percent) which inflate the current budget due to increased borrowing costs, despite April's economic downturn (0.3 percent shrink) caused by trade issues and poli...

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Labour's £4 Trillion Spending Spree: Tax Hikes Loom

Labour Chancellor Rachel Reeves unveiled a £4 trillion spending plan, including substantial NHS and infrastructure investment, but experts warn of imminent tax hikes due to the plan's scale and reliance on potentially unrealistic efficiency savings.

Progress

64% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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UK Announces \£79 Billion Investment Plan to Boost Economy and Public Services

UK Chancellor Rachel Reeves announced a \£79 billion ($97 billion) investment plan including \£39 billion for social housing, \£30 billion for nuclear power, and substantial investments in transport and policing, aiming to counter Labour's declining poll numbers and improve public services.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Poundland Sold for £1, Dozens of Store Closures Expected

Poundland, a UK discount retailer with 800+ stores and 16,000 employees, was sold for £1 to Gordon Brothers due to challenging trading conditions and increased competition, leading to expected store closures and job losses.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 265 to 276 of 990 results