Tag #Uk Economy

Showing 685 to 696 of 987 results

theguardian.com
🌐 75% Global Worthiness
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Mann's Surprise Vote for Larger UK Interest Rate Cut

Bank of England policymaker Catherine Mann surprisingly voted for a 0.5% interest rate cut last week, differing from the MPC's 0.25% decision, believing a slowing jobs market will contain inflation despite a projected rise to 3.7% by 2025 due to rising energy and other costs.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Considers Zonal Pricing to Boost AI Datacenter Boom

Tech companies are urging the UK to adopt zonal electricity pricing to attract AI datacenters to areas with ample renewable energy, potentially reducing costs by 65% in locations like Scotland, but raising concerns about the profitability of new clean energy projects.

Progress

48% Bias Score

Affordable and Clean Energy
news.sky.com
🌐 75% Global Worthiness
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Google Review Removals Impact Small Businesses Amid Virgin Atlantic Loyalty Scheme Surge

Small businesses report Google is removing authentic reviews without explanation, impacting their online presence; meanwhile, Virgin Atlantic's loyalty scheme saw a threefold increase in sign-ups after British Airways altered its program.

Progress

60% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Retailers Demand End to Shein Customs Loophole

The UK government faces pressure from major retailers to close a customs loophole benefiting Shein, a Chinese-made fashion group, allowing it to avoid import duties on parcels below £135, causing unfair competition for struggling British businesses.

Progress

64% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Bank of England Cuts Interest Rates Amidst Economic Slowdown

The Bank of England unexpectedly cut interest rates last week, despite inflation risks, to counter the threat of sluggish economic growth; this move, backed by the chancellor, aims to reduce borrowing costs and ease cost of living pressures, though its effectiveness is questioned.

Progress

48% Bias Score

Decent Work and Economic Growth
tr.euronews.com
🌐 85% Global Worthiness
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BP, BAT, and UK Banks Face Investor Scrutiny Amidst Shifting Energy and Economic Landscapes

BP will release its full-year results on February 11th, with investors closely watching its future strategy, following underperformance relative to global peers and concerns about the pace of its transition to renewable energy; British American Tobacco will announce its 2024 preliminary results on F...

Progress

20% Bias Score

Climate Action
dailymail.co.uk
🌐 75% Global Worthiness
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NatWest Cuts Mortgage Rates Amidst Price War

NatWest is lowering mortgage rates by up to 0.36 percentage points, following similar cuts by other lenders, creating a competitive price war and potentially driving rates below 4% for the first time since November.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Trump's Steel Tariffs Threaten UK Industry

President Trump announced a 25% tariff on steel imports to the US, including from the UK, jeopardizing over £400 million of the UK steel industry's contribution to the balance of trade. The UK government is adopting a 'wait and see' approach, while UK Steel calls for decisive action to mitigate the ...

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK to Subsidize Drax Power Plant with £1.8 Billion

The UK government will provide Drax power plant with £1.8 billion in subsidies from 2027-2031 to ensure energy security, despite the plant's high profits and past subsidies totaling £7 billion since 2012, with a guaranteed power price significantly above market rates.

Progress

44% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 75% Global Worthiness
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M&S CEO Urges UK Government to Delay Tax and Recycling Charges

Marks & Spencer's CEO calls for a delay or easing of planned UK tax and recycling charges, warning of a £7bn cost increase for retailers this year and claiming the retail industry is being unfairly burdened with poorly planned policies.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Bank of England Warns Against Hasty Interest Rate Cuts Amid Stagflation Fears

The Bank of England's chief economist warned against rapid interest rate cuts despite a recent 0.25 percent reduction to 4.5 percent, citing slower-than-anticipated disinflation and the risk of inflation exceeding the 2 percent target; the bank also slashed its UK growth forecast to 0.75 percent, ra...

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK House Prices Soar to Record High Amidst Impending Stamp Duty Hikes

Driven by impending stamp duty hikes, UK average house prices hit a record high of £299,138 in January 2024, fueled by a 0.7% monthly increase and improved mortgage rates, despite stagnant economic growth.

Progress

48% Bias Score

Reduced Inequality

Showing 685 to 696 of 987 results