Tag #Uk Economy

Showing 661 to 672 of 1,018 results

forbes.com
🌐 85% Global Worthiness
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Lenkie Secures £49 Million to Tackle UK SME Funding Gap

Lenkie, a UK-based fintech, secured £49 million in funding to expand its payables financing for SMEs, addressing a £22 billion funding gap and enabling businesses to access capital for fulfilling orders before payment.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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£45 Billion Surge in UK ISA Savings as Tax Thresholds Trigger Shift

UK savers deposited £45 billion into cash ISAs in 2024, raising the total to £359 billion due to rising interest rates pushing many above the tax threshold for savings interest; HMRC estimates £10.4 billion in savings interest tax for 2024/25, a 665% increase from 2021/22.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Manufacturing Job Cuts Surge Amid Economic Downturn

British manufacturers cut staff at the fastest rate in almost five years in February, as the S&P Global Manufacturing Purchasing Managers' Index fell to a 14-month low of 46.9 amid declining new orders, supply chain issues, and upcoming tax and minimum wage increases.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Nationwide Cuts Mortgage Rates Below 4% Amidst UK Lender Competition

Nationwide Building Society in the UK is lowering selected fixed-rate mortgages by up to 0.25 percentage points, with its lowest five-year fixed rate reaching 3.99% for those with 40% equity, impacting existing and new customers, and first-time buyers.

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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UK's Net-Zero Transition: Household Impact and Economic Challenges

The UK's ambitious net-zero target necessitates significant household changes by 2038-2042, including heat pump adoption, EV use, and reduced meat consumption, posing economic challenges that require government intervention and public trust.

Progress

48% Bias Score

Climate Action
bbc.com
🌐 75% Global Worthiness
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Volklec's Planned UK Gigafactory: £25m Invested, Jobs Promised

Volklec plans a £1bn gigafactory near Coventry Airport, creating up to 1,000 jobs; £25.25m public funding is already committed, despite no firm commitment from Volklec, with production at the UK Battery Industrialisation Centre expected to start before the year's end.

Progress

40% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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UK to Guarantee Sick Pay for 1.3 Million Low-Wage Earners

The UK government announced that approximately 1.3 million low-wage earners will receive guaranteed sick pay starting next year, costing employers more but potentially benefiting workers by up to £100 a week and reducing reliance on social welfare.

Progress

40% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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Defense Stocks Surge on Increased Spending Announcements

Following announcements of increased defense spending, European and UK weapons companies experienced a surge in share prices, with the FTSE 100 reaching a record high; BAE Systems saw a 17.5% increase, adding £5.92bn to its value.

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
dailymail.co.uk
🌐 65% Global Worthiness
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UK House Prices Rise for Sixth Consecutive Month Amid Looming Stamp Duty Changes

UK house prices rose 0.4% in February to £270,493, marking six months of consecutive growth driven by first-time buyers rushing to beat upcoming stamp duty increases; annual growth stands at 3.9%, though transactions remain below historic levels.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Budget Tax Changes Threaten 160,000 Retail Jobs

Up to 160,000 part-time retail jobs in the UK could be lost over the next three years due to tax changes announced in the Budget, impacting young people and parents disproportionately, according to the British Retail Consortium (BRC), which also warned of increased shop closures.

Progress

64% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Energy Bills to Rise £111 Annually

Starting April 1st, UK energy bills will rise by £111 annually (6.4%) on average to £1,849, impacting 22 million households on variable tariffs; experts suggest securing fixed-rate deals to mitigate further price increases.

Progress

48% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 75% Global Worthiness
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Metro Bank Sells £584 Million Loan Portfolio to Boost Specialist Lending

Metro Bank sold a £584 million personal loan portfolio to an unnamed buyer for an £11 million immediate gain, boosting its common equity tier 1 ratio by 81 basis points, and accelerating its strategic shift towards specialist lending to improve profitability after years of losses and a recent rescue...

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 661 to 672 of 1,018 results