Tag #Uk Economy

Showing 25 to 36 of 696 results

dailymail.co.uk
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UK Labour's Tax-and-Spend Policies Fuel Economic Decline

The UK Labour government's recent budget, including a £40 billion tax increase and increased public spending, has negatively impacted economic growth, investor confidence, and caused a flight of wealth and talent from the UK, leading to a projected anemic 0.3% growth this year.

Progress

72% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Business Confidence Soars to Nine-Month High

UK business confidence reached a nine-month high in May, jumping 11 points to 50% due to recovering financial markets and easing trade tensions, with positive impacts on hiring and wage expectations.

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48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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BoE Official Cautions Against Inflation Distraction, Advocates for Continued Rate Cuts

Bank of England MPC member Alan Taylor warns against prematurely changing course on interest rate cuts despite higher-than-expected UK inflation (3.5% in April) and first-quarter growth (0.7%), attributing the rise to one-off factors and expressing concern over the US trade war's negative impact on ...

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44% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 75% Global Worthiness
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UK Consumers Embrace BNPL Amid Cost-of-Living Crisis, Anticipating Regulation

A Clearpay study of 3,000 UK adults shows rising BNPL use due to cost-of-living pressures, with families using it for children's activities and big purchases; 71 percent support regulation, expected by early 2026, believing it will improve consumer protection and boost retail spending.

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40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Faces £30 Billion Tax Hike Amidst Worsening Finances

The UK government is facing a £30 billion budget shortfall and will likely implement significant tax increases to address the worsening public finances, despite prior tax hikes and increased government spending.

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68% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Toyota Shifts GR Corolla Production to UK to Meet North American Demand

Toyota plans to move some production of its GR Corolla sports car from Japan to its Burnaston plant in the UK, investing £41 million to create a new production line for 10,000 vehicles annually, starting mid-2024, to meet strong North American demand and utilize excess capacity, while benefiting fro...

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36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Government Completes Divestment From Royal Bank of Scotland

The UK government has fully divested from the Royal Bank of Scotland (RBS), selling its remaining shares 15 years after a £45.5 billion bailout that began in 2008 to prevent the collapse of the bank during the global financial crisis.

Progress

40% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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NatWest Privatization Results in £10.5bn Loss for UK Taxpayers

The UK government has completed the sale of its remaining stake in NatWest, incurring a £10.5bn loss 17 years after a £46bn bailout, prompting debate about post-crisis banking regulations.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Pension Funds' Shift Away From Domestic Equities Prompts Government Intervention

The UK's pension fund investment in UK equities has plummeted to 4.4 percent, prompting government intervention to redirect billions toward domestic infrastructure and startups, despite concerns about the potential infringement on fiduciary duty.

Progress

60% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 65% Global Worthiness
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Auto Trader Shares Plunge 14.2% on Slower Sales Growth

Auto Trader shares fell 14.2% to 788.2p on Thursday after reporting slower sales growth (5% to £601.1 million) for the fiscal year ending March 2025, due to vehicle shortages impacting dealer listings; however, the company expects sales to rebound in the second half of the current year.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Economic Growth Lags 25 Percent Behind Pre-Crisis Trend

The UK's economic growth is lagging 25 percent below pre-Great Financial Crisis trends due to underinvestment, skills gaps, and deteriorating health, according to the IMF, despite government initiatives.

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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IMF Urges UK to Revise Fiscal Rules to Avoid Spending Cuts

The IMF urges UK Chancellor Rachel Reeves to revise fiscal rules to avoid emergency spending cuts, citing the vulnerability of the current system to economic fluctuations and highlighting the need for long-term debt stabilization. The IMF upgraded the UK's 2024 growth forecast to 1.2%.

Progress

40% Bias Score

Reduced Inequality

Showing 25 to 36 of 696 results