Tag: Economic impact

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Russia’s Rouble Plunges as Ukraine Seizes Territories

Investors in Asia experienced mixed trading as they awaited significant reports on the US economy, specifically the latest inflation figures. The Hang Seng in...
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Principality Building Society’s Profits Halved by Lower Rates Despite Mortgage Boost

Principality Building Society reported a significant decrease in profits due to lower interest rates, despite an increase in mortgage lending. The company's profits were...
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AI Funding Cancelled by Government Due to Spending Cuts

The Department for Science, Innovation and Technology (DSIT) announced that the new Labour Government has decided not to allocate £1.3bn in funding for UK...
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London stocks surge as Bank of England slashes interest rates: Impact on FTSE 100...

London stocks experienced a significant surge today after the Bank of England made the decision to slash interest rates. The FTSE 100 saw a...
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Airbus Reports Sharp Decline in Earnings Due to £833m Charge in Space Unit

Airbus, a major aerospace company, recently reported a significant decrease in earnings. This decline was primarily attributed to a £833 million charge in its...
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Reeves’ Financial Forecast Sparks Concern: Tax Hikes on the Horizon

Rachel Reeves’ financial forecast has sparked concern among economists and experts, who believe that tax hikes are on the horizon following her recent speech....
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Reeves’ £22 Billion Black Hole Claim Contradicted by Hunt

In today's statement on the state of the public finances, Chancellor Rachel Reeves is expected to address a £20 billion black hole in public...

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