Tag #Uk Economy

dailymail.co.uk
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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.

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68% Bias Score

Reduced Inequality
news.sky.com
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UK Bond Yields Hit 25-Year Highs, Raising Concerns

UK government bond yields have surged to 25-year highs, impacting Chancellor Rachel Reeves' fiscal plans and reflecting investor concerns about the UK economy, though the situation is less severe than the 2022 mini-budget crisis.

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40% Bias Score

Reduced Inequality
theguardian.com
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UK Considers Lifting Ban on Animal Remains in Feed Amidst BSE Concerns

The UK government is considering lifting a 2001 ban on using processed animal protein in chicken and pig feed to aid British farmers facing competition from the EU where such practice is allowed, despite concerns about animal and human health risks and ethical issues with insect-derived protein.

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52% Bias Score

Responsible Consumption and Production
theguardian.com
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UK Borrowing Costs Hit 27-Year High Amid Inflation and Slow Growth

The yield on UK 30-year government bonds reached 5.22% on Tuesday, the highest level since 1998, due to investor concerns about slow growth, high inflation, and the government's £300 billion bond sale plan this year. This comes as the UK economy shrank for a second month in October.

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44% Bias Score

Reduced Inequality
news.sky.com
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UK Borrowing Costs Hit 25-Year High

UK long-term borrowing costs hit a 25-year high of 5.25% on Tuesday, exceeding even the 2022 mini-budget levels, due to investor concerns about stagflation and the Bank of England's ability to cut interest rates, posing a challenge to the government's fiscal plans.

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52% Bias Score

Reduced Inequality
theguardian.com
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UK Faces Widening Regional Skills Gap, Hampering Economic Growth

A report by the Learning and Work Institute highlights a growing skills gap in the UK, with London attracting highly skilled workers, widening the disparity between high- and low-skilled areas and potentially hindering economic growth; closing the gap would necessitate over 4 million additional high...

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52% Bias Score

Reduced Inequality
news.sky.com
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Optimal Booking Dates for 2025 Holiday Rentals Revealed

Vrbo recommends booking 2025 holiday rentals by January 20th for Easter, February 17th for international summer trips, and March 24th for UK summer staycations, citing significantly reduced availability after these dates.

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44% Bias Score

Reduced Inequality
theguardian.com
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UK Recorded Music Revenue Hits 20-Year High Despite Inflation

UK recorded music revenue reached £2,389 million in 2024, exceeding the 2001 peak of £2,221 million (though £4,080 million when adjusted for inflation), with streaming dominating at 85% of the market.

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48% Bias Score

Decent Work and Economic Growth
theguardian.com
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Rolls-Royce invests £300m to expand Goodwood factory

Rolls-Royce Motor Cars will invest £300 million in its Goodwood factory to meet growing demand for bespoke vehicles, including its first electric vehicle, the Spectre, after recording its third-highest annual sales in 2024, selling 5,712 cars.

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52% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Next to Hike Prices After Labour's Tax Increase

Next plans a 1% price hike due to £67 million increased wage costs from Labour's tax policies, impacting sales and potentially UK growth, despite a better-than-expected fourth-quarter performance.

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60% Bias Score

Decent Work and Economic Growth
news.sky.com
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Next Price Hike Exacerbates UK Cost of Living Crisis

Next announced a 1% price increase due to a £67 million rise in wage bills from increased employer National Insurance contributions, adding to the rising cost pressures on UK households and businesses, including energy, water, and council tax increases totaling £270 from April.

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40% Bias Score

Reduced Inequality
cnbc.com
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Mixed European Markets: UK Confidence Plummets Amidst Tax Hike

European stock markets showed mixed results Monday, with the UK's FTSE 100 dipping 0.1% amidst plummeting business confidence due to a tax increase, while others like France's CAC 40 and Germany's DAX rose. Volkswagen and Xpeng expanded their EV charging partnership in China, and Bitcoin and Ether s...

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40% Bias Score

Decent Work and Economic Growth