Tag #Uk Economy

Showing 913 to 924 of 983 results

news.sky.com
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Fed Cuts Rates Amid Inflation Concerns, Bank of England to Hold

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points to 4.25%-4.5% on December 14, 2023, signaling a more cautious approach to future reductions due to rising inflation and uncertainty surrounding new trade tariffs; the Bank of England is expected to maintain its interest ra...

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40% Bias Score

Reduced Inequality
news.sky.com
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Bank of England Holds Rates Amid Inflationary Pressures

The Bank of England's Monetary Policy Committee voted 6-3 to hold the Bank rate at 4.75% on December 18th, 2024, despite higher-than-expected wage rises and inflation, signaling a continued, albeit uncertain, path towards gradual interest rate cuts next year.

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40% Bias Score

Reduced Inequality
news.sky.com
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UK Doubles Aid for Tata Steel Job Losses in Wales

The UK government doubled its financial aid to \u00a330 million for businesses and workers affected by job losses at Tata Steel's Port Talbot plant in Wales, providing grants of up to \u00a3250,000 for retraining and investment to mitigate the impact of the company's shift to greener steel productio...

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24% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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England to Raise Tuition Fees to Tackle University Financial Crisis

The UK government plans to increase university tuition fees in England in line with inflation over the next three years, raising fees above \pounds10,000 to address universities' financial struggles caused by inflation and a decline in international student enrollment.

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36% Bias Score

Quality Education
tr.euronews.com
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BoE Holds Interest Rate at 4.75% Amid Rising Inflation

The Bank of England's Monetary Policy Committee voted 6-3 to hold the interest rate at 4.75 percent on December 18, 2024, citing rising inflation and wage growth, with a review pending in February.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Winter Fuel Payment Backlog Leaves Elderly Facing Heating Crisis

Changes to UK winter fuel payment eligibility, limiting payments to pension credit recipients, caused a surge in applications and a backlog of 91,075-150,000 unprocessed claims by November 18th, potentially leaving tens of thousands of elderly people without heating assistance this Christmas.

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56% Bias Score

No Poverty
theguardian.com
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Bank of England Holds Rates Amidst Inflation and Growth Concerns

The Bank of England's Monetary Policy Committee voted 6-3 to hold interest rates at 4.75% due to October's wage growth exceeding 5% and inflation reaching 2.6%, despite concerns about zero economic growth following Labour's budget and the risk of recession.

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48% Bias Score

Decent Work and Economic Growth
elmundo.es
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Navantia Acquires Harland & Wolff, Securing UK Shipbuilding Jobs

Navantia, a Spanish shipbuilding company, will purchase the UK's Harland & Wolff shipyard for approximately £70 million, securing 1,000 jobs and facilitating the completion of a major shipbuilding contract valued at €2 billion.

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40% Bias Score

Decent Work and Economic Growth
bbc.com
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Bank of England to Hold Interest Rates at 4.75%

The Bank of England is expected to hold interest rates at 4.75% today, despite November's inflation rising to 2.6%, exceeding the Bank's 2% target; analysts predict a gradual rate decrease, but recent wage growth suggests a longer hold may be necessary.

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36% Bias Score

Reduced Inequality
dailymail.co.uk
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Bank of England to Hold Interest Rates Amid Inflation and Recession Fears

The Bank of England is expected to hold interest rates at 4.75 percent today, despite November inflation rising to 2.6 percent and fears of a recession following recent tax increases. Economists cite the need to balance inflation control with economic growth.

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52% Bias Score

Reduced Inequality
dailymail.co.uk
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UK Economy Contracts Amidst Government Optimism and Rising Inflation

Despite the Prime Minister's confidence in an economic rebound, the UK economy contracted for two consecutive months, business activity is flat, and November inflation rose to 2.6 percent, fueled by petrol and tobacco price increases. The national living wage increase benefited three million low-pai...

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52% Bias Score

Decent Work and Economic Growth
theguardian.com
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Brexit's Two-Year Trade Impact: Smaller Firms Hit Hardest

Brexit cost the UK £27 billion in reduced trade with the EU in two years, less than initially predicted; large firms adapted, but over 14,000 smaller businesses stopped trading with the EU due to new barriers.

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40% Bias Score

Decent Work and Economic Growth

Showing 913 to 924 of 983 results