Global Gov Forum Article Rating

UK government bids to halt financial turmoil after botched tax cuts

Oct 18, 2022 View Original Article
  • Bias Rating

    14% Somewhat Conservative

  • Reliability

    N/AN/A

  • Policy Leaning

    62% Very Conservative

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

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  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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-100%
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Bias Meter

Contributing sentiments towards policy:

57% : However, when her first chancellor Kwasi Kwarteng announced a series of measures in a mini-budget on 23 September, the overall package went much further, totalling £45bn (US$51bn), by including the abolition of the 45p top rate of tax and cutting the basic rate of income tax by 1p.
47% : Chancellor Jeremy Hunt has reversed plans to cut the basic rate of income tax by 1 pence in the pound next April, and has decided to go ahead with an increase in corporation tax that new prime minister Liz Truss had pledged to scrap.
46% : Up against warnings from leadership rival and former chancellor Rishi Sunak that the government needed to maintain fiscal and economic stability, Truss said she would make £30bn (US$34bn) in tax cuts in an emergency Budget later, including reversing an increase in National Insurance, a form of payroll tax, in order to stimulate growth.
39% :Hunt also said that there will be "more difficult decisions to take on both tax and spending as we deliver our commitment to get debt falling as a share of the economy over the medium term", including cuts to some areas of public spending.
38% : This was one of a number of pledges to cut taxes made by Truss in her campaign to replace Boris Johnson as Conservative Party leader and prime minister.
36% : As well as postponing the cut in income tax, the government will also now not go ahead with cutting the dividends tax by 1.25 percentage points, or with repealing changes to off-payroll working rules, which had been introduced to close tax loopholes.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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