Tag #Uk Economy

Showing 373 to 384 of 1,018 results

dailymail.co.uk
🌐 65% Global Worthiness
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UK Buy-to-Let Mortgage Rates Plummet

HSBC and other UK lenders, including NatWest and The Mortgage Works, recently cut buy-to-let mortgage rates, offering deals as low as 3.74% with fees, impacting landlords' monthly payments and potentially increasing property investment activity.

Progress

40% Bias Score

Reduced Inequality
es.euronews.com
🌐 85% Global Worthiness
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UK Female-Led Businesses Face £9 Billion Funding Gap

A Swoop Funding report found that male-led UK businesses have twelve times more debt (£9.5 billion) than female-led businesses (£769 million), due to men seeking funding earlier and a lack of targeted support for women entrepreneurs.

Progress

40% Bias Score

Gender Equality
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
theguardian.com
🌐 85% Global Worthiness
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Faster Mental Health Treatment Could Save UK £1 Billion Annually

A Lancaster University study found that a one-month reduction in UK mental health treatment waiting times could save approximately £1 billion annually by helping 300,000 people retain employment, based on a similar analysis of Netherlands data.

Progress

40% Bias Score

Good Health and Well-being
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
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
bbc.com
🌐 85% Global Worthiness
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M&S Cyberattack to Cost £300 Million, Disrupting Online Services Until July

A cyberattack on Marks & Spencer over the Easter weekend is expected to disrupt its online services until July, resulting in a £300 million loss in profits for the current year and impacting various aspects of the business.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Declared 'Home of Fraud' Amid Soaring Online Payment Scams

British banks warn that the UK has become the center of payment fraud, losing £2,300 per minute due to online scams, with 60% linked to Meta, demanding greater tech firm collaboration to combat this escalating problem.

Progress

48% Bias Score

Reduced Inequality
lefigaro.fr
🌐 85% Global Worthiness
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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
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
🌐 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.

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...

Progress

56% Bias Score

Affordable and Clean Energy

Showing 373 to 384 of 1,018 results