UK Economy Stagnant, But Inflation Eases, Raising Questions About Bank Policy
The UK's GDP showed no growth over three months to November, while inflation is easing, contrasting with some MPs' comparisons to past crises; the Bank of England's quantitative tightening program may exacerbate the situation, prompting calls for greater flexibility.
UK Economy Stagnant, But Inflation Eases, Raising Questions About Bank Policy
The UK's GDP showed no growth over three months to November, while inflation is easing, contrasting with some MPs' comparisons to past crises; the Bank of England's quantitative tightening program may exacerbate the situation, prompting calls for greater flexibility.
Progress
36% Bias Score
UK Funeral Costs Hit Record High
The average cost of a basic funeral in the UK has hit a record high of £4,285, a 3.5% increase from last year, forcing many families to use crowdfunding or sell possessions to pay, according to insurer SunLife's report.
UK Funeral Costs Hit Record High
The average cost of a basic funeral in the UK has hit a record high of £4,285, a 3.5% increase from last year, forcing many families to use crowdfunding or sell possessions to pay, according to insurer SunLife's report.
Progress
32% Bias Score
Saba Capital's £3.9 Billion UK Investment Trust Takeover Bid
Saba Capital, a hedge fund, is attempting a takeover of seven London-listed investment trusts, proposing a merger to create a £3.9 billion entity focused solely on UK assets, leading to conflict with the trusts' boards who accuse Saba of self-interest.
Saba Capital's £3.9 Billion UK Investment Trust Takeover Bid
Saba Capital, a hedge fund, is attempting a takeover of seven London-listed investment trusts, proposing a merger to create a £3.9 billion entity focused solely on UK assets, leading to conflict with the trusts' boards who accuse Saba of self-interest.
Progress
64% Bias Score
UK Borrowing Costs and Pound Stabilize After Turbulent Period
Following days of turbulence, UK government borrowing costs and the pound have shown signs of stabilizing, although the pound remains below $1.22 and gilt yields are near 17-year highs. Experts attribute the UK's heightened vulnerability to the 2023 Budget's fiscal policies.
UK Borrowing Costs and Pound Stabilize After Turbulent Period
Following days of turbulence, UK government borrowing costs and the pound have shown signs of stabilizing, although the pound remains below $1.22 and gilt yields are near 17-year highs. Experts attribute the UK's heightened vulnerability to the 2023 Budget's fiscal policies.
Progress
40% Bias Score
UK Bets on AI for Economic Growth Amidst Infrastructure and Job Displacement Concerns
The UK government launched an AI strategy to boost productivity and economic growth by 1.5% annually, facing challenges in data center infrastructure, energy access, and job displacement but hoping to leverage AI's potential across public and private sectors.
UK Bets on AI for Economic Growth Amidst Infrastructure and Job Displacement Concerns
The UK government launched an AI strategy to boost productivity and economic growth by 1.5% annually, facing challenges in data center infrastructure, energy access, and job displacement but hoping to leverage AI's potential across public and private sectors.
Progress
44% Bias Score
UK Financial Market Turmoil Raises Questions About Chancellor's Future
Amidst turbulent financial markets and a plummeting pound, Labour leader Keir Starmer declined to fully guarantee Chancellor Rachel Reeves's job security, while the government insists on sticking to fiscal rules; businesses blame Reeves' budget tax raid for economic woes.
UK Financial Market Turmoil Raises Questions About Chancellor's Future
Amidst turbulent financial markets and a plummeting pound, Labour leader Keir Starmer declined to fully guarantee Chancellor Rachel Reeves's job security, while the government insists on sticking to fiscal rules; businesses blame Reeves' budget tax raid for economic woes.
Progress
64% 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
Trump's Tariffs: Potential Economic Impact on UK
President-elect Trump's threatened tariffs on foreign goods, including a 100% tariff on imported cars, have sparked concerns in the UK about potential economic consequences, with Labour expressing hope that a gradual, targeted approach will be taken instead of blanket tariffs. Economists warn of a s...
Trump's Tariffs: Potential Economic Impact on UK
President-elect Trump's threatened tariffs on foreign goods, including a 100% tariff on imported cars, have sparked concerns in the UK about potential economic consequences, with Labour expressing hope that a gradual, targeted approach will be taken instead of blanket tariffs. Economists warn of a s...
Progress
48% Bias Score
UK Borrowing Rates Surge, Triggering Calls for Chancellor's Resignation
Facing calls for her resignation due to a spike in UK borrowing rates, Chancellor Rachel Reeves attributes the increase to global economic volatility but faces pressure to implement further public spending cuts, potentially impacting vulnerable groups and causing political tension.
UK Borrowing Rates Surge, Triggering Calls for Chancellor's Resignation
Facing calls for her resignation due to a spike in UK borrowing rates, Chancellor Rachel Reeves attributes the increase to global economic volatility but faces pressure to implement further public spending cuts, potentially impacting vulnerable groups and causing political tension.
Progress
48% Bias Score
UK Announces Massive AI Investment Amidst Public Concern
The UK government announced a multibillion-pound investment in AI, aiming to increase computing power 20-fold by 2030, unlocking public data for AI research despite public concern and potential job displacement; the plan projects a £470bn economic boost.
UK Announces Massive AI Investment Amidst Public Concern
The UK government announced a multibillion-pound investment in AI, aiming to increase computing power 20-fold by 2030, unlocking public data for AI research despite public concern and potential job displacement; the plan projects a £470bn economic boost.
Progress
48% Bias Score
UK Bond Selloff Puts Pressure on Chancellor as Markets Reopen
UK Chancellor Rachel Reeves returns from a China trade mission as markets reopen after a sharp bond selloff, pushing the 30-year gilt yield to its highest since 1998; concerns about UK economic outlook and upcoming inflation and GDP data add to pressure.
UK Bond Selloff Puts Pressure on Chancellor as Markets Reopen
UK Chancellor Rachel Reeves returns from a China trade mission as markets reopen after a sharp bond selloff, pushing the 30-year gilt yield to its highest since 1998; concerns about UK economic outlook and upcoming inflation and GDP data add to pressure.
Progress
56% Bias Score
Global Economic Uncertainty: China's Slowdown and UK's Post-Brexit Challenges
China's economic slowdown, fueled by overcapacity and weak consumer spending, and the UK's post-Brexit economic struggles, create global economic uncertainty, impacting currency markets and investor confidence.
Global Economic Uncertainty: China's Slowdown and UK's Post-Brexit Challenges
China's economic slowdown, fueled by overcapacity and weak consumer spending, and the UK's post-Brexit economic struggles, create global economic uncertainty, impacting currency markets and investor confidence.
Progress
48% Bias Score