UK In Recession As Economy Shrinks Again
The UK is officially in recession after negative growth of -0.3% in the last two quarters of 2023.
The economy barely grew last year by 0.1% following inflation, cost of living crisis and high interest rates.
Inflation remained at 4% this month prompting hopes of a cut in interest rates in March or April.
The government borrowed £7.8 billion in December and the national debt stands at £2.7 trillion and 97% of GDP.
UK house prices rose in January according to the Halifax, but ONS figures a small fall in England.
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Financial Education
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What can you do to manage your money and become financially free?
Watch video - https://youtu.be/XDkF9LSpQgk
Buy-to-Let Alternative To Pension Plans
Buy-to-Let investors pension plans devasted by George Osborne’s Section 24 landlord tax hike.
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty t offset Sec 24. https://youtu.be/mtGq7WaVxLA
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