IMF Upgrades UK Growth Forecast Amidst Concerns Over Trump's Economic Policies
The IMF upgraded its UK growth forecast to 1.6% for 2025 but warned that Trump's threatened tariffs could worsen trade tensions, lower investment, and disrupt supply chains globally, potentially causing an inflationary boom followed by a bust and weakening US Treasury bonds.
IMF Upgrades UK Growth Forecast Amidst Concerns Over Trump's Economic Policies
The IMF upgraded its UK growth forecast to 1.6% for 2025 but warned that Trump's threatened tariffs could worsen trade tensions, lower investment, and disrupt supply chains globally, potentially causing an inflationary boom followed by a bust and weakening US Treasury bonds.
Progress
40% Bias Score
Weak UK Retail Sales Fuel Expectations of BOE Rate Cuts
Weak UK retail sales in December (-0.3% MoM), defying forecasts, add to economic concerns, fueling market expectations of over 75 basis points in Bank of England interest rate cuts in 2025 and complicating Finance Minister Rachel Reeves's economic agenda amid high bond yields and inflation.
Weak UK Retail Sales Fuel Expectations of BOE Rate Cuts
Weak UK retail sales in December (-0.3% MoM), defying forecasts, add to economic concerns, fueling market expectations of over 75 basis points in Bank of England interest rate cuts in 2025 and complicating Finance Minister Rachel Reeves's economic agenda amid high bond yields and inflation.
Progress
52% Bias Score
UK Chancellor Urges Regulators to Boost Growth After Disappointing GDP Figures
UK Chancellor Rachel Reeves met with regulators on Thursday to discuss stimulating economic growth after November's disappointing 0.1 percent GDP increase, falling short of predictions and prompting concerns about the need for regulatory reform to address investment barriers and boost economic activ...
UK Chancellor Urges Regulators to Boost Growth After Disappointing GDP Figures
UK Chancellor Rachel Reeves met with regulators on Thursday to discuss stimulating economic growth after November's disappointing 0.1 percent GDP increase, falling short of predictions and prompting concerns about the need for regulatory reform to address investment barriers and boost economic activ...
Progress
40% Bias Score
UK Faces Economic Peril Amidst Potential Trump-Led Trade War
A senior British minister warns of significant economic risks if a Trump presidency triggers a global trade war, impacting UK exports to the US and potentially increasing inflation, while the UK government is preparing for trade negotiations to mitigate this.
UK Faces Economic Peril Amidst Potential Trump-Led Trade War
A senior British minister warns of significant economic risks if a Trump presidency triggers a global trade war, impacting UK exports to the US and potentially increasing inflation, while the UK government is preparing for trade negotiations to mitigate this.
Progress
40% Bias Score
UK Economy Shows Slight Growth in November Amidst Stagnation Concerns
The UK economy grew by 0.1% in November, following a 0.1% drop in October, but this slower-than-expected growth raises concerns about stagnation despite a rise in services and construction, offset by falls in manufacturing and other sectors.
UK Economy Shows Slight Growth in November Amidst Stagnation Concerns
The UK economy grew by 0.1% in November, following a 0.1% drop in October, but this slower-than-expected growth raises concerns about stagnation despite a rise in services and construction, offset by falls in manufacturing and other sectors.
Progress
60% Bias Score
Bank of England Poised for February Rate Cut Amid Weak Growth and Inflation
Following weaker inflation (2.5 percent in December) and slow economic growth (0.1 percent in November), the Bank of England is expected to cut interest rates in February 2025, a move supported by economists who point to the need to stimulate the economy.
Bank of England Poised for February Rate Cut Amid Weak Growth and Inflation
Following weaker inflation (2.5 percent in December) and slow economic growth (0.1 percent in November), the Bank of England is expected to cut interest rates in February 2025, a move supported by economists who point to the need to stimulate the economy.
Progress
36% Bias Score
UK Pledges £60 Million to Boost Creative Industries
The UK government pledged £60 million to revitalize its creative industries, focusing on grassroots ventures and skills development, with major investments in Newcastle, Sunderland, Sheffield, and Weston-super-Mare.
UK Pledges £60 Million to Boost Creative Industries
The UK government pledged £60 million to revitalize its creative industries, focusing on grassroots ventures and skills development, with major investments in Newcastle, Sunderland, Sheffield, and Weston-super-Mare.
Progress
52% Bias Score
British Retail Sales Fall in Surprise Christmas Slump
British retail sales volumes fell 0.3% in December 2024, marking the worst Christmas for food stores since 2013 due to a 1.9% drop in supermarket sales, while clothing sales rose 4.4%, highlighting economic uncertainty and contrasting reporting methods.
British Retail Sales Fall in Surprise Christmas Slump
British retail sales volumes fell 0.3% in December 2024, marking the worst Christmas for food stores since 2013 due to a 1.9% drop in supermarket sales, while clothing sales rose 4.4%, highlighting economic uncertainty and contrasting reporting methods.
Progress
40% Bias Score
UK Government Urges Regulators to Boost Economic Growth After Disappointing GDP Figures
UK Chancellor Rachel Reeves is urging regulators to boost economic growth after November's GDP unexpectedly rose by only 0.1%, prompting a government-wide initiative to address investment barriers and reform regulations.
UK Government Urges Regulators to Boost Economic Growth After Disappointing GDP Figures
UK Chancellor Rachel Reeves is urging regulators to boost economic growth after November's GDP unexpectedly rose by only 0.1%, prompting a government-wide initiative to address investment barriers and reform regulations.
Progress
36% Bias Score
UK Economy Stagnant Despite Slight November Growth
The UK's November GDP grew by a meager 0.1 percent, failing to counter previous months' contraction and raising stagflation concerns despite a recent inflation dip; Chancellor Reeves prioritizes growth.
UK Economy Stagnant Despite Slight November Growth
The UK's November GDP grew by a meager 0.1 percent, failing to counter previous months' contraction and raising stagflation concerns despite a recent inflation dip; Chancellor Reeves prioritizes growth.
Progress
52% Bias Score
UK GDP Shows Slight Growth Despite Widening Trade Deficit and Economic Uncertainty
UK's monthly real GDP grew 0.1 percent in November 2024 due to service sector growth, but the three-month period showed no growth; the trade deficit widened to £10.8 billion, and unexpected inflation drop offered relief to Chancellor Rachel Reeves.
UK GDP Shows Slight Growth Despite Widening Trade Deficit and Economic Uncertainty
UK's monthly real GDP grew 0.1 percent in November 2024 due to service sector growth, but the three-month period showed no growth; the trade deficit widened to £10.8 billion, and unexpected inflation drop offered relief to Chancellor Rachel Reeves.
Progress
32% Bias Score
Deliveroo Shares Rise on Strong Q4 Sales Growth
Deliveroo's shares rose 4.8 percent on Thursday after reporting robust UK and Ireland sales growth of 9 percent in its final quarter, driven by increased orders and spending, exceeding expectations and placing the company on track for its first annual profit of between £110 million and £130 million.
Deliveroo Shares Rise on Strong Q4 Sales Growth
Deliveroo's shares rose 4.8 percent on Thursday after reporting robust UK and Ireland sales growth of 9 percent in its final quarter, driven by increased orders and spending, exceeding expectations and placing the company on track for its first annual profit of between £110 million and £130 million.
Progress
24% Bias Score