Tag #Uk Economy

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news.sky.com

🌐 75% Global Worthiness

Feb 4, 19:12

ONS Seeks to Improve Accuracy of UK Labour Force Survey

The UK's Office for National Statistics (ONS) plans to improve its Labour Force Survey (LFS) by 2026, potentially making participation mandatory to address accuracy issues that have arisen since the COVID-19 pandemic and hampered economic policymaking.

ONS Seeks to Improve Accuracy of UK Labour Force Survey

The UK's Office for National Statistics (ONS) plans to improve its Labour Force Survey (LFS) by 2026, potentially making participation mandatory to address accuracy issues that have arisen since the COVID-19 pandemic and hampered economic policymaking.

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Decent Work and Economic Growth

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How has the decline in LFS accuracy affected economic policymaking in the UK, and what alternative data sources are being used to compensate?

The ONS's efforts to revamp the LFS are driven by concerns from policymakers like the Bank of England regarding the survey's declining accuracy. The pandemic significantly impacted participation rates, leading to a data gap that has hampered effective economic policy responses. Potential solutions include mandatory participation and improved data linkage with government departments, which would help resolve the issue and allow for more robust economic policy decisions.

bbc.com

🌐 85% Global Worthiness

Feb 3, 04:07

Thames Water Seeks £3bn Bailout to Avoid Nationalisation

Facing insolvency in four weeks, Thames Water seeks a £3bn emergency loan; failure risks nationalisation costing £2bn yearly, highlighting issues with regulation, shareholder practices, and aging infrastructure.

Thames Water Seeks £3bn Bailout to Avoid Nationalisation

Facing insolvency in four weeks, Thames Water seeks a £3bn emergency loan; failure risks nationalisation costing £2bn yearly, highlighting issues with regulation, shareholder practices, and aging infrastructure.

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44% Bias Score

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Clean Water and Sanitation

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What are the immediate consequences if Thames Water fails to secure emergency funding?

Thames Water, the UK's largest water company, is seeking a £3bn emergency loan to avoid insolvency within four weeks. Failure to secure this loan could lead to temporary nationalisation, costing taxpayers up to £2bn annually.

theguardian.com

🌐 85% Global Worthiness

Feb 3, 22:11

AstraZeneca Cancels £450m UK Vaccine Plant Expansion

AstraZeneca scrapped a £450 million UK vaccine plant expansion due to a reduced government funding offer following a change in planned research and development investment, disappointing the UK science minister and impacting 450 jobs.

AstraZeneca Cancels £450m UK Vaccine Plant Expansion

AstraZeneca scrapped a £450 million UK vaccine plant expansion due to a reduced government funding offer following a change in planned research and development investment, disappointing the UK science minister and impacting 450 jobs.

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44% Bias Score

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Industry, Innovation, and Infrastructure

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What are the immediate consequences of AstraZeneca's decision to cancel the Merseyside vaccine plant expansion?

AstraZeneca cancelled a £450 million expansion of its Merseyside vaccine plant, disappointing the UK science minister. The company cited a reduced government offer compared to a previous proposal, resulting in a smaller planned UK research and development investment. This decision impacts UK research and development and jobs.

elpais.com

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Feb 3, 07:08

Brexit's Economic Fallout: Trade, Labor, and Global Isolation

Five years after Brexit, Britain's economy faces significant challenges due to reduced trade with the EU, a labor market shift contradicting pro-Brexit claims, and a failure to secure substantial new trade agreements.

Brexit's Economic Fallout: Trade, Labor, and Global Isolation

Five years after Brexit, Britain's economy faces significant challenges due to reduced trade with the EU, a labor market shift contradicting pro-Brexit claims, and a failure to secure substantial new trade agreements.

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Decent Work and Economic Growth

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What are the most significant economic consequences of Brexit for the UK, and how have these impacts affected its trade relations with the EU?

Five years after Brexit, its supporters cannot point to a single benefit. Trade between Britain and the EU has suffered significantly due to new barriers, impacting goods more than services. The end of free movement has led to a shift in the British labor market, with non-EU workers filling roles previously held by EU citizens.

dailymail.co.uk

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Jan 31, 01:09

Shell to Appeal 'Unlawful' Jackdaw Gas Project Ruling

A Scottish court ruled Shell's Jackdaw gas field project unlawful due to insufficient indirect emissions consideration, prompting Shell's CEO to appeal to the UK Supreme Court and consider moving its stock market listing from London to New York.

Shell to Appeal 'Unlawful' Jackdaw Gas Project Ruling

A Scottish court ruled Shell's Jackdaw gas field project unlawful due to insufficient indirect emissions consideration, prompting Shell's CEO to appeal to the UK Supreme Court and consider moving its stock market listing from London to New York.

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56% Bias Score

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Climate Action

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What are the immediate consequences of the Scottish court's ruling on Shell's Jackdaw gas field project and the UK's energy sector?

Shell's Jackdaw gas field project, approved in 2022, has been deemed 'unlawful' by a Scottish court due to insufficient consideration of indirect emissions. Shell CEO Wael Sawan intends to appeal this decision to the UK Supreme Court, highlighting the project's potential to supply heat to 1.6 million homes.

dailymail.co.uk

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Jan 31, 01:09

EU Rules Left UK Investment Trusts Vulnerable to US Raider

Former pensions minister Baroness Ros Altmann claims that leftover EU rules, which incorrectly displayed the costs of running investment trusts, left the sector vulnerable to a takeover by US corporate raider Saba Capital, potentially costing the UK £7 billion in investment annually.

EU Rules Left UK Investment Trusts Vulnerable to US Raider

Former pensions minister Baroness Ros Altmann claims that leftover EU rules, which incorrectly displayed the costs of running investment trusts, left the sector vulnerable to a takeover by US corporate raider Saba Capital, potentially costing the UK £7 billion in investment annually.

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44% Bias Score

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Reduced Inequality

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What role did the misrepresentation of investment trust costs play in attracting corporate raiders, and how did it affect investor behavior?

Misapplied EU regulations, despite Brexit, caused a double-counting of costs for UK investment trusts, creating artificially high expense ratios. This deterred investors, resulting in lower share prices and making the trusts easy targets for corporate raiders like Saba Capital.

dailymail.co.uk

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Feb 3, 01:10

Starmer's EU Carbon Scheme Plan Faces Business Cost Backlash

Keir Starmer's plan to link the UK and EU carbon markets is projected to increase energy costs for British businesses by £2 billion annually, potentially impacting consumers through higher electricity bills, though some industries support the move to avoid EU tariffs.

Starmer's EU Carbon Scheme Plan Faces Business Cost Backlash

Keir Starmer's plan to link the UK and EU carbon markets is projected to increase energy costs for British businesses by £2 billion annually, potentially impacting consumers through higher electricity bills, though some industries support the move to avoid EU tariffs.

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60% Bias Score

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Climate Action

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How does the disparity in carbon pricing between the UK and EU impact British businesses and consumers?

Connecting the UK and EU carbon markets would expose British businesses to the EU's higher carbon price, estimated to cost businesses an additional £2 billion annually, according to Tory research. This increase is driven by the disparity in carbon prices between the UK and EU markets, with the EU price being significantly higher.

dailymail.co.uk

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Feb 3, 16:11

UK Manufacturing Contracts Amidst Expected Interest Rate Cut

The UK manufacturing sector contracted in January 2025, with output, new orders, and employment falling, according to the S&P Global UK manufacturing PMI survey which recorded a reading of 48.3; rising input costs and global trade tensions are adding pressure as the Bank of England is expected to cu...

UK Manufacturing Contracts Amidst Expected Interest Rate Cut

The UK manufacturing sector contracted in January 2025, with output, new orders, and employment falling, according to the S&P Global UK manufacturing PMI survey which recorded a reading of 48.3; rising input costs and global trade tensions are adding pressure as the Bank of England is expected to cu...

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56% Bias Score

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Decent Work and Economic Growth

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How do rising input costs and global trade tensions contribute to the challenges faced by the Bank of England in setting interest rates?

Rising input costs, tax increases from October's budget, and weak market demand contributed to the January downturn in UK manufacturing. The situation is complicated by global trade tensions, as US tariffs threaten further economic disruption. Policymakers face a challenge balancing the need for rate cuts to stimulate growth with the risk of increased inflation.

dailymail.co.uk

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Feb 3, 07:08

UK Economy Stagnates After Labour's Election Victory

Following Labour's July 2024 election victory, Britain's economy stagnated in the latter half of 2024, with GDP growth flatlining; new business creation fell 8.5 percent in Q4 2024 compared to Q4 2023, and private sector job losses reached their fastest pace since 2009 (excluding the pandemic).

UK Economy Stagnates After Labour's Election Victory

Following Labour's July 2024 election victory, Britain's economy stagnated in the latter half of 2024, with GDP growth flatlining; new business creation fell 8.5 percent in Q4 2024 compared to Q4 2023, and private sector job losses reached their fastest pace since 2009 (excluding the pandemic).

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64% Bias Score

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Decent Work and Economic Growth

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What is the immediate impact of Labour's economic policies on the UK's economy, based on recent data and expert analysis?

Britain's economy stagnated in the second half of 2024 following Labour's election victory, with GDP growth flatlining after averaging 0.5 percent per quarter in the first half of the year. This slowdown coincided with a decrease in business investment and hiring activity, and follows the cancellation of a £450 million AstraZeneca investment in a UK vaccine facility.

dailymail.co.uk

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Feb 1, 01:07

Labour's AstraZeneca Snub Threatens UK Science Hub Ambitions

Labour's refusal to support AstraZeneca's £450 million Liverpool vaccine plant clashes with their science goals, contrasting with US government support and potentially driving investment away from the UK.

Labour's AstraZeneca Snub Threatens UK Science Hub Ambitions

Labour's refusal to support AstraZeneca's £450 million Liverpool vaccine plant clashes with their science goals, contrasting with US government support and potentially driving investment away from the UK.

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64% Bias Score

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Decent Work and Economic Growth

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What are the underlying causes of Labour's policy towards AstraZeneca, and how does this compare to the approach of other nations?

AstraZeneca's frustration stems from Labour's reduced support for the Liverpool project, despite the company's substantial contributions to UK science and its global success, particularly with the Oxford Covid-19 vaccine. This contrasts sharply with US government incentives that attract substantial investment. The decision reflects a potential shift in investment away from the UK.

theguardian.com

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Jan 31, 16:08

Faulty UK Economic Data Sparks MP Grilling of ONS Head

The head of the UK's Office for National Statistics (ONS) will face MPs next week over concerns about faulty economic data, particularly the labor force survey (LFS), which is considered "virtually unusable", and a replacement may not launch until 2027, impacting economic policymaking. The ONS is in...

Faulty UK Economic Data Sparks MP Grilling of ONS Head

The head of the UK's Office for National Statistics (ONS) will face MPs next week over concerns about faulty economic data, particularly the labor force survey (LFS), which is considered "virtually unusable", and a replacement may not launch until 2027, impacting economic policymaking. The ONS is in...

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36% Bias Score

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Decent Work and Economic Growth

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How have the declining response rates in ONS surveys, particularly during and after the Covid-19 pandemic, contributed to the current data quality crisis?

The ONS's data accuracy issues stem from declining survey response rates, exacerbated by the Covid-19 pandemic. This affects multiple surveys, including those on living costs, food, wealth, and assets. The Office for Statistics Regulation is reviewing these surveys to assess if they meet user needs, highlighting systemic problems within the UK's statistical system.

bbc.com

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Jan 31, 04:09

UK Needs Stronger Work Ethic to Compete Globally, Says Tory MP

Conservative MP Chris Philp asserts the UK needs a stronger work ethic to compete globally, citing nine million working-age adults not in employment and emphasizing the need for increased national contribution to rival countries like China and India.

UK Needs Stronger Work Ethic to Compete Globally, Says Tory MP

Conservative MP Chris Philp asserts the UK needs a stronger work ethic to compete globally, citing nine million working-age adults not in employment and emphasizing the need for increased national contribution to rival countries like China and India.

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48% Bias Score

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Decent Work and Economic Growth

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What specific economic challenges does Chris Philp identify, and how does he propose to address them?

Conservative shadow home secretary Chris Philp argues the UK needs a stronger work ethic to compete globally, citing nine million working-age adults not in employment. He advocates for increased national contribution to match countries like China and India, drawing from his personal experience of building businesses.

Showing 733 to 744 of 990 results