Tag #Uk Economy

Showing 61 to 72 of 1,000 results

dailymail.co.uk
🌐 85% Global Worthiness
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UK Borrowing Costs Hit 27-Year High Amid Investor Jitters

Investor jitters over the UK Chancellor's financial plans and rising inflation have driven UK borrowing costs to a 27-year high, shrinking the government's financial headroom by £6.5 billion and increasing the likelihood of tax rises.

Progress

64% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves Eyes 'Mansion Tax' to Plug £50 Billion Budget Gap

UK Chancellor Rachel Reeves is considering a 'mansion tax' on properties over £1.5 million and removing capital gains tax exemptions for main residences to address a £50 billion budget deficit, potentially impacting 120,000 higher-rate taxpayers and sparking concerns about market stagnation.

Progress

64% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK Borrowing Costs Spike to Multi-Month Highs Amidst Economic Uncertainty

UK government borrowing costs spiked yesterday, reaching 4.76 percent for 10-year bonds and nearing 5.62 percent for 30-year bonds, the highest since late May and close to April's peak, driven by market bets against further interest rate cuts by the Bank of England, worsening the UK's financial outl...

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52% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
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Wales Eases Bluetongue Virus Restrictions on Livestock Trade

Starting Monday, Wales will ease bluetongue virus restrictions, allowing vaccinated livestock to be sold in English markets within 12 miles of the border; however, unvaccinated animals and those from England remain restricted, impacting prices and trade.

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36% Bias Score

Zero Hunger
dailymail.co.uk
🌐 85% Global Worthiness
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UK's Unicorn Surge: £205 Billion Valuation and Global Investment

The UK boasts 65 unicorns and 29 emerging unicorns, valued at nearly £205 billion, outperforming most countries except the US, China, and India, with significant US investment contributing to their growth and retention within the UK.

Progress

56% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK Faces Pressure to Increase Wealth Taxes Amidst Budget Shortfall

Facing a potential £20-£50 billion budget shortfall, the UK government is under pressure to increase taxes on the wealthy, sparking debate over wealth taxes versus incremental changes to existing taxes like inheritance and capital gains taxes; challenges include data limitations and differing econom...

Progress

52% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
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UK Space Agency to Merge into DSIT in 2026

The UK government announced the merger of the UK Space Agency into the Department for Science, Innovation and Technology by April 2026 to cut costs and improve efficiency, despite concerns from space scientists about potential negative impacts on the UK's space program.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
theguardian.com
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Financial Strain on Families Due to High School Uniform Costs in England

A survey reveals that almost half of 2,000 English parents are worried about the cost of school uniforms, with many skipping meals or using credit to pay, prompting the education secretary to urge schools to reduce the number of branded items required.

Progress

44% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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UK Mortgage Rates Fall Below 5 Percent

The average two-year fixed-rate mortgage in the UK has fallen to 4.98 percent, the lowest in three years, impacting borrowing costs for homeowners; this follows a period of high rates due to base rate hikes and inflation, with experts predicting further rate decreases.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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FTSE 100 CEO Pay Hits Record High, 122 Times Average Worker Salary

Britain's FTSE 100 chief executives received record-high pay packets totaling over £1 billion in the last financial year, averaging £4.58 million each—122 times the average UK worker's salary—amid a cost of living crisis.

Progress

64% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Liberty Steel Faces Collapse: Gupta Attempts Last-Minute Rescue

Sanjeev Gupta is attempting a last-minute rescue of Liberty Steel's Speciality Steel UK (SSUK) division before a Wednesday court hearing; the government is preparing for SSUK's potential collapse, impacting nearly 1,500 jobs and the UK's third-largest steel producer.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Electric Car Grant: Slow Rollout, No High-Tier Awards

The UK government's Electric Car Grant (ECG), launched July 14th, has added five EVs to its list of eligible models (totaling 22), all receiving only the lower £1,500 discount; the higher £3,750 grant remains unawarded, causing consumer confusion and delayed purchases, while manufacturers offer thei...

Progress

56% Bias Score

Affordable and Clean Energy

Showing 61 to 72 of 1,000 results