Timothy Sumer

There is no alternative. That was the message today from the Chancellor, saying the government gave complete backing to the Bank of England in its bid to bring down inflation by raising interest rates. (Subscribe: Jeremy Hunt was speaking after new figures showed the economy is growing - but that's before we've seen the full impact of the recent rate rises. ------------ Follow us: Facebook - Twitter - TikTok - Instagram - ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The UK economy has been grappling with stubborn inflation, sluggish growth, and the looming threat of a recession. Experts and policymakers have expressed concerns about ongoing economic struggles, calling for immediate action to address these challenges. One of the most concerning issues facing the UK economy is the persistence of stubborn inflation. The lat...

Many economic experts predicted that the UK would dip into recession in the second half of last year. Latest figures show that they were wrong. But only just - with GDP growth in October, November and December barely registering. The Chancellor Jeremy Hunt said that it showed evidence of "underlying resilience" but warned that the economy is "not out of the woods yet". And the Bank of England still expects the UK to plunge into recession later this year. (Subscribe: ----------------------- Follow us on Instagram - ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The United Kingdom has narrowly avoided a recession, with the latest figures revealing that the country's economy grew by 0.3% in the third quarter of 2019, following a contraction in the second quarter. However, the question on everyone's minds is ...