Amid escalating interest rates, UK readies for recession

Owning a home is getting more expensive as lenders begin putting up mortgage rates, spooked by stubbornly high inflation figures. (Subscribe: The Bank of England is under even more pressure to raise interest rates again in response, possibly as high as five-and-a-half per cent. ----------------------- Follow us: Facebook - Twitter - TikTok - Instagram - ...(read more)

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HOW TO INVEST IN GOLD: Gold IRA Investing

The UK economy has been one of the strongest in Europe over the last decade. However, recent economic indicators suggest that the country is preparing for a recession amid rising interest rates. Interest rates in the UK have remained at historic lows since the financial crisis in 2008. However, the Bank of England increased the base rate in August 2018 for the first time in a decade from 0.5% to 0.75%. This move was made to control inflation, which has been above the Bank's target of 2%. While the increase in interest rates is intended to bring down inflation, it has caused concerns that the cost of borrowing will rise, making it harder for individuals and businesses to access finance. The Bank of England has warned that house prices could fall by up to 35% over the next three years if the UK fails to secure a deal with the EU. The UK government has been taking steps to prepare for a potential recession in the country. In the recent budget statement, Chancellor Philip Hammond announced an additional £500 million for Brexit preparations and £1.5 billion for the high street. Additionally, the government will also increase the personal tax allowance and introduce measures to support small businesses. However, not everyone is convinced that the government's efforts are sufficient. Some economists are calling for increased investment in public infrastructure to create jobs and stimulate economic growth. Others suggest that tax cuts, particularly for small and medium-sized businesses, could provide much-needed relief during a period of economic uncertainty. While the UK economy has been resilient in the face of challenges over the last decade, there are concerns that the uncertainty surrounding Brexit, coupled with rising interest rates, could lead to a recession. The government's preparations for a potential economic downturn are commendable, but further measures may be needed to support individuals and businesses during a difficult period. Only time will tell if the UK will be able to weather the storm of a potential recession. https://inflationprotection.org/amid-escalating-interest-rates-uk-readies-for-recession/?feed_id=106618&_unique_id=6485f24b0c2d0 #Inflation #Retirement #GoldIRA #Wealth #Investing #bankofengland #Banking #c4news #Channel4 #channel4news #costofliving #costoflivingcrisis #financial #financialcrisis #foodprices #inflation #inflationimpact #inflationlatest #inflationupdate #interestrates #ukeconomy #ukgdp #winter #worldinflation #RecessionNews #bankofengland #Banking #c4news #Channel4 #channel4news #costofliving #costoflivingcrisis #financial #financialcrisis #foodprices #inflation #inflationimpact #inflationlatest #inflationupdate #interestrates #ukeconomy #ukgdp #winter #worldinflation

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'

Timothy Sumer

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