Tag #Uk Economy

Showing 61 to 72 of 799 results

theguardian.com
🌐 85% Global Worthiness
News related image

Lotus Weighs US Production Shift, Threatening 1,300 UK Jobs

Facing potential closure, Lotus's UK plant, employing 1,300, may cease production to shift to the US due to US tariffs and Geely's China-centric strategy, despite the UK plant's historical significance.

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
News related image

Lotus Considers US Relocation Amidst US Tariffs

Facing potential job losses of 1300 employees at its Hethel, Norfolk headquarters, Lotus, a UK sportscar manufacturer majority-owned by Geely, is considering moving production to the US due to high US import tariffs, currently at 25% but set to drop to 10% by June.

Progress

48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
News related image

UK Bioethanol Plant Closure Threatened by US Trade Deal

Associated British Foods threatens to close its Vivergo bioethanol plant in Hull by September 13th due to a UK-US trade deal removing tariffs on US ethanol imports, jeopardizing 4,000 jobs and the UK's sustainable aviation fuel goals; the government is in negotiations but faces a deadline.

Progress

44% Bias Score

news.sky.com
🌐 75% Global Worthiness
News related image

Vivergo Bioethanol Plant to Close Due to UK-US Trade Deal

The UK's largest bioethanol plant, Vivergo, will close by September 13th, impacting over 160 jobs due to the UK-US trade deal allowing tariff-free US ethanol imports, despite "extensive" government negotiations for a solution.

Progress

56% Bias Score

Affordable and Clean Energy
bbc.com
🌐 85% Global Worthiness
News related image

UK Unveils 10-Year Industrial Strategy to Slash Business Energy Costs

The UK government will unveil a 10-year industrial strategy on Monday, aiming to cut energy bills for over 7,000 businesses by up to 25% by 2027 through the British Industrial Competitiveness Scheme, alongside measures to boost growth and create over one million jobs.

Progress

48% Bias Score

Affordable and Clean Energy
bbc.com
🌐 85% Global Worthiness
News related image

Bank of England Expected to Hold Interest Rates at 4.25%

The Bank of England is expected to hold interest rates at 4.25% today, balancing high inflation (3.4% in May) against signs of economic weakness; further cuts are anticipated later this year.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
News related image

UK Chancellor to Extend Income Tax Threshold Freeze to Address Budget Deficit

UK Chancellor Rachel Reeves is expected to extend the income tax threshold freeze to raise an estimated £8 billion annually, addressing a budget deficit caused by a U-turn on welfare cuts and potentially lower economic growth forecasts.

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 75% Global Worthiness
News related image

UK Welfare-to-Work Plan Faces Implementation Crisis

The UK government's plan to help welfare recipients find work is facing major implementation issues, with DWP officials describing the system as "a mess" due to insufficient staffing and organizational problems; the program's success is now in doubt, highlighting broader challenges in aiding vulnera...

Progress

48% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
News related image

£10 Million to Fix ONS Data Accuracy Issues

The UK's Office for National Statistics (ONS) will receive £10 million over two years to improve the accuracy of its data following criticism over its Labour Force Survey (LFS) and concerns from institutions such as the Bank of England.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
News related image

UK Pet Owners Face Difficult Choices Amid Soaring Veterinary Bills

Rising veterinary costs in the UK are forcing pet owners to euthanize or relinquish their pets due to unaffordable treatment, with corporate consolidation in the veterinary sector a major contributing factor, as highlighted by a 264% increase in applications to a pet care charity's emergency fund.

Progress

40% Bias Score

No Poverty
bbc.com
🌐 45% Global Worthiness
News related image

Village Businesses Thrive Amidst UK High Street Decline

Tettenhall, a village in Wolverhampton, UK, is bucking the trend of empty shops on UK high streets, with local businesses attributing their success to diverse offerings, excellent customer service, and a focus on unique products, unlike struggling larger city centers such as Wolverhampton.

Progress

56% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
News related image

UK Inflation Eases to 3.4% in May

UK inflation eased to 3.4% in May, down from 3.5% in April, due to lower airfares and fuel costs, despite rising food and household goods prices; the Bank of England is expected to hold interest rates.

Progress

36% Bias Score

Reduced Inequality

Showing 61 to 72 of 799 results