Tag #Uk Economy

Showing 301 to 312 of 504 results

theguardian.com
🌐 75% Global Worthiness
News related image

Barclays CEO's Pay Could Rise 45% to \£14 Million

Barclays is considering a 45% pay rise for its CEO, CS Venkatakrishnan, to over \£14 million, contingent on significantly increased profitability and shareholder approval; this follows the repeal of the EU bonus cap and Barclays' subsequent lifting of its own cap in May 2024.

Progress

56% Bias Score

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

Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle

Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.

Progress

52% Bias Score

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

Activist Investor Challenges Board of £1.4 Billion Herald Investment Trust

Boaz Weinstein's Saba Capital is challenging the board of the £1.4 billion Herald Investment Trust, highlighting concerns about corporate governance and shareholder engagement in the UK investment trust sector; similar past events with Alliance Trust, Electra, and Foreign & Colonial demonstrate a re...

Progress

56% Bias Score

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

Waterstones' Profit Doubles Amidst Print Book Resurgence

Waterstones, the UK's largest bookstore, doubled its profits to £20.9 million in 2023, driven by a return to print book sales, a community-focused strategy, and the resurgence of commuter readership, defying predictions of the physical bookstore's decline.

Progress

40% Bias Score

Quality Education
news.sky.com
🌐 75% Global Worthiness
News related image

HMRC Criticized for Degraded Services and Rising Uncollectable Debt

The UK's Public Accounts Committee criticized HM Revenue and Customs (HMRC) for worsening its phone service to push digital channels, leading to only 66.4% of calls answered, average wait times exceeding 23 minutes, and £5bn in uncollectable debt written off in 2023-24.

Progress

48% Bias Score

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

UK Pay Growth Rises, Adding Pressure on Bank of England

UK average weekly earnings increased by 5.6% in the three months to November, driven by strong private sector growth, putting pressure on the Bank of England to maintain interest rates amid concerns over inflation; unemployment rose to 4.4%.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
News related image

UK Government Partners with Mayors to Boost Regional Growth

The UK government is partnering with regional mayors to boost growth, using the National Wealth Fund and Office for Investment to tailor investment to local needs, following criticism of previous top-down approaches and aiming to create jobs and improve living standards.

Progress

48% Bias Score

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

UK Government Intervention Limits Car Finance Mis-selling Payouts, Boosting Lender Shares

The UK Treasury is seeking to limit compensation payouts in a multi-billion pound car finance mis-selling case, causing shares in affected lenders to rise sharply, despite the potential for industry disruption.

Progress

48% Bias Score

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

UK Borrowing Surges to Four-Year High, Raising Fiscal Concerns

The UK government's December borrowing hit a four-year high of £17.8 billion, exceeding expectations and raising concerns about the Chancellor's fiscal rules amid increased debt interest and spending.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

BrewDog Founder Launches £2 Million Reality Show Amid UK Business Climate Concerns

James Watt, BrewDog founder, blames the UK's challenging business environment on the autumn Budget, launching a reality show, "House of Unicorns," with a £2 million prize to support entrepreneurs and counter this trend.

Progress

40% Bias Score

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

£1 Billion NIC Increase Threatens UK Hospitality Jobs

The UK hospitality industry will face an extra £1 billion in employer national insurance contributions from April, affecting 774,000 workers and threatening jobs due to rising costs, prompting calls for government intervention.

Progress

52% Bias Score

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

Lloyds Predicts Three U.K. Interest Rate Cuts in 2025

Lloyds Banking Group CEO Charlie Nunn predicts three Bank of England interest rate cuts in 2025, reflecting market expectations and potentially impacting the U.K. mortgage market; this comes amid a backdrop of global economic slowdown and regulatory actions against the bank for mis-sold auto loans.

Progress

32% Bias Score

Decent Work and Economic Growth

Showing 301 to 312 of 504 results