Tag #Uk Economy

Showing 289 to 300 of 504 results

theguardian.com
🌐 85% Global Worthiness
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Reeves Signals Support for Heathrow Expansion

Chancellor Rachel Reeves is expected to announce support for a third runway at Heathrow Airport this week, as part of a wider plan to boost the British economy by accelerating infrastructure projects and altering planning rules, despite previous objections from several cabinet ministers and environm...

Progress

40% Bias Score

Climate Action
theguardian.com
🌐 85% Global Worthiness
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Fairtrade to Tackle Exploitation in UK Supply Chains

Fairtrade's new chief, Eleanor Harrison, plans to expand the organization's ethical standards to UK factories and farms, addressing concerns over worker exploitation and leveraging its success in international markets, where sales rose by more than 5% in 2023, despite economic challenges.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Record Surge in UK Business Distress Amid Falling Consumer Confidence

UK businesses in critical financial distress jumped 50% in the last quarter of 2024 to 46,583, fueled by HMRC's tougher tax stance and falling consumer confidence amid rising costs and economic uncertainty.

Progress

32% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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UK Considers Joining EU Trade Scheme

The UK government is exploring joining the Pan-Euro-Mediterranean Convention (PEM) for tariff-free trade with Europe, a move that follows a meeting between Business Secretary Jonathan Reynolds and the EU's trade commissioner and has received positive feedback from the British Chamber of Commerce.

Progress

52% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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Sainsbury's to Cut 3,000 Jobs Amidst Rising Costs

Sainsbury's is cutting 3,000 jobs, partly due to increased employer National Insurance Contributions and rising costs, as part of a wider cost-cutting strategy involving store closures and reduced operating expenses to maintain profit margins in a competitive market.

Progress

56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Labour Eases Non-Dom Crackdown Amid Millionaire Exodus

Facing a £33.8 billion shortfall over five years due to 10,800 millionaires leaving the UK in 2024, Labour's Chancellor Rachel Reeves will amend the Finance Bill to ease the crackdown on non-doms, aiming to attract high-net-worth individuals and boost the economy.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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WH Smith Explores Sale of High Street Stores

WH Smith is exploring the sale of its 500 UK high street stores to focus on its more profitable travel business, potentially leading to the brand's disappearance from high streets and impacting 5,000 employees.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Farm Inheritance Tax Faces Backlash Amidst Food Security Concerns

The UK government's new inheritance tax on farms worth over £1 million is facing strong opposition from farmers and major food retailers due to concerns about food security and the tax's potential impact on family farms. The OBR questions the Treasury's revenue projections, while experts suggest the...

Progress

60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Plummeting Consumer Confidence Fuels UK Economic Gloom

A new survey reveals UK consumer confidence has fallen to its lowest level since December 2023, fueled by rising inflation, stagnant growth, and government policies impacting businesses, resulting in job cuts and reduced sales; the Chancellor is attempting to attract investment at the Davos World Ec...

Progress

68% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Massive Data Center Approved in Hertfordshire

Hertsmere Borough Council approved outline plans for DC01UK, a massive data center (87,000 sq m) near the M25 in Hertfordshire, expected to generate £3.75bn and almost 14,000 jobs, despite concerns about its greenbelt location.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 85% Global Worthiness
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Herald Investment Trust Defeats Takeover Bid, Exposing Regulatory Gaps

Minority investors in Herald Investment Trust overwhelmingly rejected a takeover bid by Saba's Boaz Weinstein, highlighting shortcomings in industry body AIC, regulator FCA, and investment platforms' responses; the vote's success impacts six other targeted trusts.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Unpaid Internships Exacerbate Socioeconomic Inequality in Career Access

A Sutton Trust report reveals that 55% of middle-class graduates had internships compared to 36% of working-class graduates, widening the inequality gap since 2018, with 61% of internships being unpaid or underpaid, mostly in real estate, construction, IT, finance, and legal sectors.

Progress

52% Bias Score

Reduced Inequality

Showing 289 to 300 of 504 results