UK Borrowing Costs Surge Amidst Global Uncertainty and Labour's Economic Policies
The UK's 30-year gilt yields reached a 27-year high due to global interest rate adjustments and Labour's economic policies, which decreased investor confidence and increased borrowing costs, hindering investments and improvements.
UK Borrowing Costs Surge Amidst Global Uncertainty and Labour's Economic Policies
The UK's 30-year gilt yields reached a 27-year high due to global interest rate adjustments and Labour's economic policies, which decreased investor confidence and increased borrowing costs, hindering investments and improvements.
Progress
64% Bias Score
Reeves Stands Firm on Investment-Only Borrowing Amidst Market Turmoil
Amidst rising gilt yields and market turmoil, Rachel Reeves's deputy affirmed her commitment to borrowing solely for investment, rejecting calls to cancel her China trip for investment opportunities, despite potential impacts on fiscal rules and economic growth, while the Conservatives criticize Lab...
Reeves Stands Firm on Investment-Only Borrowing Amidst Market Turmoil
Amidst rising gilt yields and market turmoil, Rachel Reeves's deputy affirmed her commitment to borrowing solely for investment, rejecting calls to cancel her China trip for investment opportunities, despite potential impacts on fiscal rules and economic growth, while the Conservatives criticize Lab...
Progress
56% Bias Score
Truell Bids £245 Million for De La Rue
City financier Edi Truell made a conditional £245 million takeover bid for De La Rue, the British banknote printer, contingent on the sale of its authentication division to Crane NXT for £300 million. Truell aims to pay down debt and focus on international banknote printing, particularly in Africa a...
Truell Bids £245 Million for De La Rue
City financier Edi Truell made a conditional £245 million takeover bid for De La Rue, the British banknote printer, contingent on the sale of its authentication division to Crane NXT for £300 million. Truell aims to pay down debt and focus on international banknote printing, particularly in Africa a...
Progress
36% Bias Score
UK Budget's Impact on Employment: Conflicting Signals
The October budget raised UK employers' national insurance contributions to 15 percent from 13.8 percent, lowering the threshold to £5,000 from £9,100, resulting in conflicting signals on employment; while some surveys suggest job losses, Bank of England data shows businesses expect increased hiring...
UK Budget's Impact on Employment: Conflicting Signals
The October budget raised UK employers' national insurance contributions to 15 percent from 13.8 percent, lowering the threshold to £5,000 from £9,100, resulting in conflicting signals on employment; while some surveys suggest job losses, Bank of England data shows businesses expect increased hiring...
Progress
40% Bias Score
Tesco Records Biggest Christmas Ever with 4% Sales Rise
Tesco achieved its biggest-ever Christmas sales, with a 4% rise in UK store sales in the six weeks to January 4th, driven by strong fresh food performance and increased online sales, resulting in a 28.5% grocery market share.
Tesco Records Biggest Christmas Ever with 4% Sales Rise
Tesco achieved its biggest-ever Christmas sales, with a 4% rise in UK store sales in the six weeks to January 4th, driven by strong fresh food performance and increased online sales, resulting in a 28.5% grocery market share.
Progress
40% Bias Score
UK Borrowing Costs Surge to 25-Year High, Threatening Fiscal Rules
The yield on 30-year gilts hit a 25-year high of 5.25 percent yesterday, increasing government borrowing costs and potentially forcing Chancellor Rachel Reeves to break her fiscal rules following her October budget that included £40 billion in tax hikes and increased spending and borrowing.
UK Borrowing Costs Surge to 25-Year High, Threatening Fiscal Rules
The yield on 30-year gilts hit a 25-year high of 5.25 percent yesterday, increasing government borrowing costs and potentially forcing Chancellor Rachel Reeves to break her fiscal rules following her October budget that included £40 billion in tax hikes and increased spending and borrowing.
Progress
68% Bias Score
UK Grocery Prices to Surge 4.2% Due to Budget Tax Hikes
UK grocery prices are expected to rise by 4.2% in the latter half of 2024 due to budget tax increases, impacting household budgets already strained by rising costs; retailers like Tesco anticipate significant financial effects.
UK Grocery Prices to Surge 4.2% Due to Budget Tax Hikes
UK grocery prices are expected to rise by 4.2% in the latter half of 2024 due to budget tax increases, impacting household budgets already strained by rising costs; retailers like Tesco anticipate significant financial effects.
Progress
56% Bias Score
UK Borrowing Costs Surge to Highest Level Since 1998
UK Chancellor Rachel Reeves faces rising borrowing costs, a weakened pound, and market volatility, prompting concerns about potential spending cuts and a possible economic 'doom loop'.
UK Borrowing Costs Surge to Highest Level Since 1998
UK Chancellor Rachel Reeves faces rising borrowing costs, a weakened pound, and market volatility, prompting concerns about potential spending cuts and a possible economic 'doom loop'.
Progress
52% Bias Score
Truell Makes Conditional Takeover Bid for De La Rue
Financier Edi Truell offered a conditional takeover bid for De La Rue, the Bank of England's currency printer, at 125p per share, contingent on the completion of a \£300 million deal to sell De La Rue's authentication division.
Truell Makes Conditional Takeover Bid for De La Rue
Financier Edi Truell offered a conditional takeover bid for De La Rue, the Bank of England's currency printer, at 125p per share, contingent on the completion of a \£300 million deal to sell De La Rue's authentication division.
Progress
40% Bias Score
Bond Market Sell-Off Raises Concerns About Mortgages, Pensions, and Savings
The bond market sell-off is causing concern about rising borrowing costs, potentially affecting mortgages, while impacting pensions differently depending on the investor's age and investments, and savings rates will depend on future Bank of England base rate decisions and inflation.
Bond Market Sell-Off Raises Concerns About Mortgages, Pensions, and Savings
The bond market sell-off is causing concern about rising borrowing costs, potentially affecting mortgages, while impacting pensions differently depending on the investor's age and investments, and savings rates will depend on future Bank of England base rate decisions and inflation.
Progress
32% Bias Score
Plymouth Craft Brewery Revives Historic Site Amidst Industry Challenges
Plymouth's Bulletproof Brewing, which started in a garden shed in 2017, is investing in a 160-year-old brewery site, opening a new taproom, kitchen, and beer garden despite a challenging market with nearly double the brewery insolvencies in 2023 compared to 2022.
Plymouth Craft Brewery Revives Historic Site Amidst Industry Challenges
Plymouth's Bulletproof Brewing, which started in a garden shed in 2017, is investing in a 160-year-old brewery site, opening a new taproom, kitchen, and beer garden despite a challenging market with nearly double the brewery insolvencies in 2023 compared to 2022.
Progress
52% Bias Score
UK Gilt Rate Soars to 27-Year High, Jeopardizing Government Spending Plans
The UK's 30-year gilt interest rate has hit a 27-year high of 5.25 percent, jeopardizing Chancellor Rachel Reeves's spending plans and exceeding the crisis that ended Liz Truss's premiership, with analysts warning of a 'more dire' situation due to 'sticky' inflation and stalling growth.
UK Gilt Rate Soars to 27-Year High, Jeopardizing Government Spending Plans
The UK's 30-year gilt interest rate has hit a 27-year high of 5.25 percent, jeopardizing Chancellor Rachel Reeves's spending plans and exceeding the crisis that ended Liz Truss's premiership, with analysts warning of a 'more dire' situation due to 'sticky' inflation and stalling growth.
Progress
48% Bias Score