Tag #Uk Economy

Showing 289 to 300 of 697 results

theguardian.com
🌐 75% Global Worthiness
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UK High Street Closures to Rise in 2025 Amidst Rising Costs

UK high street store closures fell to 12,800 in 2024, down from 13,000 in 2023, but rising business costs are predicted to increase closures in 2025, driven by tax increases and minimum wage hikes, impacting consumer spending and new store openings.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Over Half of British Adults Reliant on State, Study Finds

A study by the Adam Smith Institute reveals that 52% of British adults rely on the state, either directly through benefits like Universal Credit and state pensions (18.9 million total) or indirectly through public sector jobs (5.9 million) or state-funded education (3 million), highlighting a growin...

Progress

68% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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Fed Holds Rates as UK Growth Forecasts Fall, Inflation Rises

The US Federal Reserve held interest rates steady at 4.25-4.50%, while UK GDP growth forecasts were cut to 1% for 2023 and inflation expectations rose to 3%, creating economic uncertainty.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Santander UK to Close 95 Branches, Cut 750 Jobs

Santander UK announced the closure of 95 branches and reduction of hours at 36 more, putting 750 jobs at risk due to increased digital banking usage, leading to a decrease in branch transactions by 61% since 2019.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Oracle to Invest \$5 Billion in U.K. AI Infrastructure

Oracle announced a \$5 billion investment in the U.K. over five years to expand its cloud infrastructure, supporting the government's AI growth plans and potentially adding \$58 billion annually to the economy.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK to Slash Regulation Costs by 25%, Streamline Agencies

UK Chancellor Rachel Reeves will meet with eight regulators on Monday to announce plans to cut the cost of regulation by 25%, potentially abolishing several agencies and simplifying permitting processes to boost economic growth, addressing concerns about costly delays in infrastructure projects like...

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Investment Fund Reports Fail to Inform UK Investors

A report by The Investing and Saving Alliance (TISA) finds that 80% of investors ignore fund performance data due to its complexity, hindering the UK government's investment growth strategy and disproportionately impacting women (85%) and ethnic minorities (94%).

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Announces Billions in Spending Cuts

Chancellor Rachel Reeves will announce substantial spending cuts of billions of pounds across Whitehall departments, potentially reaching 7% for some, impacting public services and following recent benefit cuts affecting disabled individuals by up to £10,000 annually.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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UK's Calculated Neutrality in Global Trade Wars

The UK's seemingly passive role in escalating global trade wars, particularly with the US, stems from a cost-benefit analysis prioritizing minimal economic disruption despite potential future risks.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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UK's Strict Bitcoin Regulations Drive Businesses Away

The UK's Financial Conduct Authority's (FCA) broad classification of bitcoin with other cryptoassets is driving businesses away, harming investors, and undermining the UK's global financial competitiveness, unlike jurisdictions such as the US, UAE, and Singapore.

Progress

56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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OECD Downgrades UK Growth Forecast Amid Trump's Trade War

The OECD slashed Britain's 2025 and 2026 growth forecasts to 1.4 percent and 1.2 percent respectively, citing President Trump's trade war and Labour's tax policies as contributing factors, creating a £15 billion budget hole for the Chancellor.

Progress

68% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Thames Water Wins £3 Billion Bailout, Avoiding Collapse

A UK court dismissed appeals against Thames Water's £3 billion bailout, enabling the debt-ridden company to avoid collapse and restructure its £19 billion debt; opponents argued for nationalization, but the court upheld a market-led solution.

Progress

44% Bias Score

Clean Water and Sanitation

Showing 289 to 300 of 697 results