Tag #Uk Economy

Showing 697 to 708 of 987 results

bbc.com
🌐 75% Global Worthiness
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UK Scraps Tariffs on Chinese E-bikes, Sparking Industry Backlash

The UK government scrapped tariffs on non-folding Chinese e-bikes from Friday, potentially saving consumers £200 per bike but sparking criticism from UK manufacturers who fear a flood of cheap imports into an already struggling market.

Progress

64% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Government to Reform Welfare System Amid Rising Benefit Costs

Work and Pensions Secretary Liz Kendall stated that some people on benefits are abusing the system, as the government seeks to curb welfare spending; a DWP survey of 3,401 benefit recipients shows 270,000 young people (16-34) are not working due to long-term sickness and mental health issues, a 26% ...

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68% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Bank of England Base Rate Cut Brings Mortgage Relief

The Bank of England cut the base rate by 0.25 percentage points to 4.5 percent on February 22, 2024, offering relief to homeowners with tracker mortgages who could see annual payments fall by almost £350 on a £200,000 mortgage, while lenders like Santander will pass on the reduction from March 3; fu...

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36% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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Bank of England cuts interest rates, impacting borrowers and savers differently

The Bank of England cut interest rates from 4.75% to 4.5% on Thursday, potentially reducing borrowing costs but also lowering returns on savings; this has a varied impact on individuals, with some seeing only small mortgage increases while others face much larger ones.

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40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK's SMR Delay: Overseas Competitors Gain Advantage

The UK government's slow approval process for Rolls-Royce's small modular reactors (SMRs) is allowing foreign competitors to gain a significant advantage, jeopardizing British engineering and jobs, while AstraZeneca's success highlights the need for greater support for domestic industries.

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64% Bias Score

Affordable and Clean Energy
theguardian.com
🌐 85% Global Worthiness
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AstraZeneca Profits Soar Despite UK Investment Cancellation and China Crisis

AstraZeneca's 2024 annual profits jumped 38% to $8.7bn due to strong sales of cancer, lung, and immunology treatments; however, the company cancelled a \£450m UK investment after disagreements over state support, and faces a crisis in China with detained executives and potential fines.

Progress

40% Bias Score

Good Health and Well-being
theguardian.com
🌐 75% Global Worthiness
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Holistic Public Support Could Save £18 Billion Annually, Study Shows

A Manchester Metropolitan University study shows that a holistic approach to supporting 363,000 people in Britain with multiple acute problems could save £18 billion annually by reducing the need for long-term welfare and allowing them to become productive citizens, challenging the current fragmente...

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48% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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UK Growth Forecast Halved Amid Stagflation Fears, Labour Holds Secret Crisis Meeting

The Bank of England slashed its UK growth forecast to 0.75 percent, warned of rising inflation to 3.7 percent, and hinted at stagflation, forcing a crisis meeting of Labour ministers who plan to keep details secret, sparking criticism from the opposition.

Progress

48% Bias Score

No Poverty
euronews.com
🌐 75% Global Worthiness
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IMF Projects UK as Fastest-Growing "Major" European Economy in 2025

The IMF projects UK GDP growth at 1.6% in 2025 and 1.5% in 2026, but this is not the fastest in Europe; Poland (3.5%) and Spain (2.3%) are projected to have higher growth, contradicting social media claims.

Progress

56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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BCI Buys UK Firm BBGI for £1.06 Billion Amid Takeover Frenzy

Canada's BCI is buying UK infrastructure firm BBGI Global Infrastructure for £1.06 billion, adding to a wave of foreign takeovers of British companies totaling £145 billion last year, reflecting bargain valuations and fewer new listings.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Bank of England to Cut Rates, Downgrade Growth Forecast

The Bank of England is expected to cut interest rates to 4.5% on Thursday and lower its 2025 GDP growth forecast to around 1%, impacting Chancellor Rachel Reeves's budget plans and potentially leading to spending cuts.

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44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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UK Interest Rates Cut Amid Stagnation and Inflationary Risks

The Bank of England unexpectedly cut interest rates by 0.25 percentage points today, citing economic stagnation, rising inflation driven by energy prices, and uncertainty about President Trump's trade policies; the UK economy is forecast to grow by only 0.75% this year, with unemployment rising to n...

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 697 to 708 of 987 results