Tag #Uk Economy

Showing 601 to 612 of 987 results

theguardian.com
🌐 75% Global Worthiness
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UK Chancellor Faces Pressure to Adjust Fiscal Policy Amid Budget Shortfall

Facing a projected budget shortfall due to downgraded economic forecasts and increased defense spending, UK Chancellor Rachel Reeves plans welfare cuts, despite pressure from economists to adjust fiscal rules or raise taxes, creating significant political and economic challenges.

Progress

60% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Economy Contracts 0.1 Percent in January Amidst Global Uncertainty

The UK economy shrank by 0.1 percent in January 2025, driven by a manufacturing slump and defying growth expectations; this follows three months of weak growth (0.2 percent) and raises concerns amid global uncertainty and upcoming fiscal challenges.

Progress

52% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 65% Global Worthiness
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Asda's Sales Dip Spurs Price War Investment

Asda, Britain's third-largest supermarket, reported a nearly 1% drop in sales to £21.7bn in 2024, prompting a price-cutting strategy to regain market share lost to competitors like Tesco, Aldi, and Lidl; the company plans to invest significantly, accepting lower short-term profits to achieve long-te...

Progress

32% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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FCA Investigates Mis-Sold Car Finance, Potentially Costing Lenders Hundreds of Millions

The UK's Financial Conduct Authority (FCA) investigates potential mis-selling of car finance, potentially costing lenders hundreds of millions in compensation due to brokers incentivized to place customers on higher interest rates before a 2021 ban.

Progress

48% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Labour's 'Jobs Tax' Threatens to Undermine Welfare Reform Goals

Labour's planned £25 billion increase in employers' National Insurance, taking effect next month, is projected to hinder efforts to reduce the benefits bill by impacting part-time job creation, while a new study reveals a surge in disability benefit claims due to mental health issues since the Covid...

Progress

60% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK's Economic Decline: Welfare Cuts and Stagnant Incomes Push Poorest Districts Behind Slovenia and Malta

A new report by the NIESR reveals that the UK has fallen behind other affluent nations due to a decade of welfare cuts and stagnant incomes, with the poorest districts now ranking below those in Slovenia and Malta; the report warns of a threat to the UK's reputation for high living standards and cal...

Progress

48% Bias Score

No Poverty
thetimes.com
🌐 55% Global Worthiness
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Fenwick Reports £38.1 Million Loss, Continuing Six-Year Trend

Fenwick, a British department store chain, reported a £38.1 million pre-tax loss for the year to January 2024, continuing six years of losses despite a £430 million sale of its London flagship store and efforts to improve its online presence.

Progress

44% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 75% Global Worthiness
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UK Economy Shrinks 0.1% in January, Pressuring Labour Government

Britain's economy unexpectedly contracted by 0.1% in January 2024 due to adverse weather conditions affecting manufacturing and construction, despite a strong services sector; this challenges the Labour government's economic priorities.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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John Lewis Triples Profits But Skips Staff Bonus for Third Year

John Lewis Partnership's annual profits tripled to £126 million in the year to January 2025, but 69,000 staff-owners missed out on a bonus for the third year running due to a £600 million investment plan focusing on business transformation.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Britain's Post-Brexit Trade Dilemma: Navigating Trump's Protectionism

Post-Brexit Britain faces economic vulnerability due to Donald Trump's aggressive trade policies, despite currently avoiding direct targeting; however, future trade negotiations risk forcing a choice between regulatory submission to the US or economic hostility, aligning Britain's interests with the...

Progress

56% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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ONS to Maintain 7 AM Data Release Amidst Website Concerns

The UK's Office for National Statistics (ONS) will continue releasing key economic data, such as GDP and inflation figures, at 7 am to avoid website crashes and ensure timely access for markets and the public, despite concerns over data analysis time before markets open.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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FCA scraps transparency reforms after City lobbying

The UK's Financial Conduct Authority (FCA) scrapped plans to increase transparency in investigations following lobbying from City firms; the regulator will retain the restrictive "exceptional circumstances" rule, despite concerns raised by consumer groups and the British Steel pension scandal.

Progress

56% Bias Score

Reduced Inequality

Showing 601 to 612 of 987 results