Tag #Uk Economy

Showing 49 to 60 of 696 results

bbc.com
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UK Government Borrowing Exceeds Expectations in April

The UK government's April borrowing totalled £20.2bn, exceeding predictions by £2.3bn and marking the fourth highest April figure since 1993, due to increased spending despite higher tax revenue, raising concerns about future tax increases.

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52% Bias Score

Reduced Inequality
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
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
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
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.

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60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK to Raise Electric Car Tax Threshold to Boost Sales

The UK government plans to raise the £40,000 price threshold for the electric car tax, the Expensive Car Supplement (ECS), to boost lagging EV sales and avoid billions in potential fines for missing green targets, following criticism that the current policy is a 'fiasco'.

Progress

52% Bias Score

Affordable and Clean Energy
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
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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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
🌐 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

Showing 49 to 60 of 696 results