Tag #Uk Economy

Showing 37 to 48 of 572 results

dw.com
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UK Parliament Approves Emergency Bill to Save British Steel

The UK Parliament passed an emergency bill on April 12th, 2025, to prevent British Steel's closure, saving 3,500 jobs; the government may nationalize the company after negotiations with Chinese owner Jingye failed due to the company's daily losses of £700,000.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK GDP Growth Outpaces Expectations, But Concerns Remain

The UK's GDP unexpectedly grew by 0.5% in February, driven partly by increased US exports before new tariffs; however, this is overshadowed by growing public pessimism about household finances and downgraded economic forecasts.

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64% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Disability Scheme Delays Threaten Jobs

The UK government's Access to Work scheme, intended to aid disabled employees, is facing substantial payment delays, leaving businesses like Yateley Industries owed \pounds186,000 and threatening job losses, while the DWP acknowledges the issues and is working on a solution.

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60% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Tax Changes Trigger Exodus of Super-Wealthy from London

Over 11,300 millionaires, including 18 centimillionaires and two billionaires, left London in the last year due to increased UK taxes and the abolition of the non-dom tax regime, prompting concerns about economic impact.

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72% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Employer Hiring Plunges to Pandemic Lows Amidst National Insurance Hike

A recent survey by the British Chambers of Commerce revealed that only 20 percent of UK firms increased their workforce in the first quarter of 2024, the lowest since the start of the pandemic, primarily due to a £25 billion National Insurance increase implemented by the government, impacting hiring...

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56% Bias Score

Decent Work and Economic Growth
bbc.com
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Trump Tariffs Threaten \£2.9bn of Welsh Exports

President Trump's 10% tariff on UK imports, effective April 5th, 2024, threatens Wales' \£2.9bn export market (15% of total exports in 2023), mainly machinery and transport equipment, prompting the Welsh government to work with businesses to mitigate the negative consequences and explore potential s...

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52% Bias Score

Decent Work and Economic Growth
smh.com.au
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UK Government Intervenes to Prevent British Steel Plant Closure

To prevent the closure of British Steel's Scunthorpe plant and the loss of 3,500 jobs, the UK government recalled parliament on a Saturday to pass emergency legislation enabling the government to take control of the site from its Chinese owner, Jingye Group, amid global steel market instability and ...

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60% Bias Score

Decent Work and Economic Growth
elpais.com
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UK Averts British Steel Closure with Emergency Parliament Session

The UK government is holding an emergency parliamentary session to prevent the closure of British Steel's last two blast furnaces, saving 2,700 jobs, after unsuccessful negotiations with the Chinese owner, Jingye, amid rising global instability and US tariffs.

Progress

48% Bias Score

Decent Work and Economic Growth
politico.eu
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UK Parliament to Debate Emergency Legislation for British Steel

The UK parliament will recall on Saturday to debate emergency legislation to place British Steel under state control, preventing the closure of its Scunthorpe plant, which would threaten 3,000 jobs and leave the UK as the only major G7 economy unable to produce virgin steel.

Progress

36% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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Trump Tariffs Pose Significant Threat to U.K. Economic Growth

Bank of England Deputy Governor Sarah Breeden warned that President Trump's tariffs, even after a partial reversal, represent the most significant change in U.S. trade policy in 100 years, and are expected to lower U.K. economic growth due to decreased U.S. consumer spending and potential supply cha...

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28% Bias Score

Decent Work and Economic Growth
theguardian.com
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Universal Studios to Build £50bn Theme Park in Bedford

The UK government announced a new Universal Studios theme park near Bedford, expected to open in 2031, creating 28,000 jobs, attracting 8.5 million visitors annually, and boosting the UK economy by £50bn.

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52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Universal Theme Park Planned for Bedfordshire, UK

A new Universal theme park is planned for Bedfordshire, UK, expected to open in 2031, generating nearly £50 billion for the economy by 2055 and creating 28,000 jobs; the project aims to revitalize the area and boost tourism.

Progress

64% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 572 results