Tag #Uk Economy

Showing 73 to 84 of 1,018 results

dailymail.co.uk
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11 Months of Job Cuts in Britain's Private Sector Amidst National Insurance Hike

Britain's private sector employers have cut jobs for 11 consecutive months due to the £25 billion employer national insurance increase, impacting employment numbers and causing a rise in unemployment, while the services sector shows accelerated growth.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 65% Global Worthiness
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Revolution Beauty Founders Return in Turnaround Bid

Revolution Beauty, valued at £11 million, abandoned its sale process and will be led by its co-founders in a turnaround effort involving a £15 million fundraise and significant job cuts to address a 29 percent year-on-year sales decline and a £16.8 million loss.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK Government Borrowing Lower Than Expected in July

The UK government's July borrowing was £1.1 billion, lower than predicted, offering Chancellor Rachel Reeves some relief before her autumn budget; however, economists warn of continued pressure due to rising inflation and debt.

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40% Bias Score

Reduced Inequality
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
bbc.com
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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
dailymail.co.uk
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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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Plum Wastage Predicted as Jam Makers Decline in Cambridgeshire

A 50% reduction in Cambridgeshire's Victorian plum crop due to extreme weather, coupled with a shortage of jam makers caused by rising ingredient costs and a decline in traditional skills, is leading to significant plum wastage.

Progress

44% Bias Score

Responsible Consumption and Production
theguardian.com
🌐 85% Global Worthiness
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UK Youth Unemployment Reaches 1 Million, Government Extends Job Support Program

The UK's NEET youth population has surged to nearly 1 million, prompting the government to extend an existing £45 million program supporting eight regional projects focused on helping young adults find work, especially care leavers, until spring 2027.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Government Takes Control of Insolvent Speciality Steel UK

A High Court judge declared Britain's third-largest steelmaker, Speciality Steel UK, insolvent, resulting in a government takeover impacting 1,450 workers across three sites in Rotherham, Stocksbridge, and Wednesbury; talks are ongoing with trade unions regarding the workforce's future.

Progress

52% Bias Score

Decent Work and Economic Growth
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
theguardian.com
🌐 85% Global Worthiness
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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

Showing 73 to 84 of 1,018 results