Tag #Uk Economy

Showing 349 to 360 of 989 results

lefigaro.fr
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M&S Estimates £300 Million Loss from Cyberattack

A cyberattack on Marks & Spencer is expected to cost the British retailer £300 million in lost operating profit for the 2025-2026 fiscal year, affecting online sales, contactless payments, and product availability until July, according to a company statement.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Labour's Internal Tax Dispute: Rayner's Department Urges £4bn Increase, Reeves Rejects

A leaked memo reveals Deputy Prime Minister Angela Rayner's department urged Chancellor Rachel Reeves for a £3bn-£4bn tax increase, a proposal Reeves rejected, opting for £5bn in welfare cuts instead, sparking internal Labour party tensions ahead of June's spending plans.

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48% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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High-Street Savings Rates Fall Behind as Competition Intensifies

High-street banks, including HSBC and Barclays, have cut savings account rates following the Bank of England's base rate reduction to 4.25% on May 8th, while better rates are available elsewhere for those who shop around.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Energy Levy 'Destroys' North Sea Oil Industry, Threatens Energy Security

Britain's 38% energy profits levy, implemented in May 2022 to address soaring energy prices, is causing a collapse in North Sea oil investment and job losses, reducing government tax revenue by an estimated £3 billion between 2025 and 2030 and increasing reliance on foreign energy sources, despite u...

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56% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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UK Public Sector Productivity Decline Could Cost £5.1 Billion by 2030

A Centre for Economics and Business Research report reveals that continued declines in UK public sector productivity could necessitate an additional £5.1 billion in spending and 92,000 more public sector workers by 2030, worsening a trend that has seen productivity drop below pre-pandemic levels and...

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48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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UK-EU Trade Deal: Limited Economic Boost, but Path to Further Gains

A new UK-EU trade deal aims to reduce post-Brexit trade barriers, particularly for food and agricultural products, with projected economic benefits of \£8.9bn by 2040; however, this is a small fraction of the estimated \£100bn annual cost of Brexit.

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32% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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M&S to Lose £300m in Profits from Cyberattack

A cyberattack on Marks & Spencer is expected to cost the retailer £300 million in lost profits this year, impacting online sales through July; however, the company reported pre-tax profits of £876 million for the year ending March 30th, and expects to mitigate losses with insurance and cost reductio...

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's Leaked Tax Hike Plan Amidst Rising Inflation

Deputy Prime Minister Angela Rayner's leaked memo proposed eight tax increases totaling £3-£4 billion annually to address the UK's budget deficit, causing internal tension within the Labour party amidst rising inflation and potential interest rate adjustments.

Progress

60% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
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Welsh Universities Face £77 Million Deficit, Restructuring Underway

Welsh universities reported a £77 million deficit in 2023-24 due to increased costs and fewer international students; however, immediate closures are not expected, and restructuring plans are underway.

Progress

40% Bias Score

Quality Education
theguardian.com
🌐 85% Global Worthiness
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UK Childhood Health Issues Linked to Reduced Adult Work Ability

Research from the IPPR shows that children in Great Britain with serious mental health conditions are 68% more likely to have limited work ability in adulthood, while those with physical health problems face a 38% higher risk; the study analyzed data from approximately 6,000 participants in the 1970...

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32% Bias Score

Good Health and Well-being
dailymail.co.uk
🌐 85% Global Worthiness
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Trump's Tariff Threat to UK Film Industry

Donald Trump's proposed 100% tariff on foreign films threatens the UK's £5.6 billion film and TV industry, which rivals luxury car exports to the US, raising concerns about economic impact and future collaborations.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Declining Pension Trust Prompts Call for Switching Guarantee

A survey shows declining consumer trust in the pensions industry due to complex documents, frequent regulatory changes, and slow pension transfers; a campaign is pushing for a 10-day switching guarantee.

Progress

56% Bias Score

Reduced Inequality

Showing 349 to 360 of 989 results