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Trouble Brewing for UK Economy as Inflation Takes a Heavy Toll

GET A FREE TRANSFER OF UP TO £500 WITH WISE Offer valid for new customers only on the first transfer UK Inflation data for April came in at 8.7% - above all expectations with food inflation sitting at a huge 19.1%. The big problem is that the only reason UK inflation fell is because of the price energy cap increase from last April falling out of the data. I go through the data and cover the Bank of England's testimony in UK Parliament yesterday. ☕️ JOIN MY PATREON - DISCORD, BONUS VIDEOS, TARGET PRICES, MODELS & MORE 💵 GREAT INVESTING APPS I USE INTERACTIVE BROKERS (Global - Main investing app I use) GET A FREE SHARE WORTH UP TO £100 WITH TRADING 212 (UK & Europe) You need to sign up and make a deposit within 10 days to get a free share. GET A $10 BONUS WITH LIGHTYEAR (UK & Europe) You need to use promo code "Sasha" and the bonus is awarded after your first trade. DISCLAIMER: Your capital is at risk. DISCLAIMER: Some of these links m

Concerns arise over inflation rates in the UK

UK inflation shocked markets, sending UK government bonds tumbling and raising expectations that the Bank of England will have to keep rates higher for longer. This has unpleasant parallels with the 1970s stagflation period. What does this mean for UK investors and is there a ray of light? If you want to learn more about investing then why not become a pensioncraft.com member? To find what we offer and how you can join our friendly community click here What Else PensionCraft Offers: 💡 Book a coaching session with Ramin so he can answer your questions in a one-to-one video call via Zoom: 📰 Sign up for our free weekly market roundup to get news and views about what's going on in the stock market and wider economy 📖 Understand investment in more depth with my online courses ❓ Join PensionCraft on YouTube and you’ll be supporting me to make more content and I will answer your questions and respond to your comments on YouTube as a priority Where Else You Can Find M

The Devastating Impact of Inflation on the UK

UK Inflation is destroying the UK Economy. This week the UK inflation rate was reported at 7.9%, a drop from 8.7% from the prior month. This means consumer prices are still up 7.9% from last year and WAY above the Bank of England target inflation rate of 2%. In conjunction with this, the Bank of England have hiked interest rates to 5%, up from the 0.1% they were just a couple of years ago, putting ever more financial stress on the UK public and taking the cost of living crisis to another level. Here are my thoughts on this latest piece of economic data and what I think the UK government and Bank of England should do about it... Recommended Platforms & Tools: 💰 Up To £100 FREE Share With Trading 212 Use PROMO Code “MITCH”: 📬 Subscribe To The FREE Weekly Market Memo: 📈 Learn How To Build Wealth With Investing: 📷 Instagram: @mitchinvesting #Inflation #InterestRates #BankofEngland *Disclaimer: Your capital is at risk. Some of these links may be affiliate links.

UK wage rise inflation | Morning Markets

UK wages are rising at the fastest rate in 20 years, today's Morning Markets takes a look at the UK employment picture and expectations that inflation will ease later this year. Thanks for watching. If you would like to download our guides to ISAs and Pensions, please visit the following link www.truepotential.co.uk/ourguides If you enjoyed this video, please leave a like, and don’t forget to subscribe to the True Potential YouTube channel for the latest finance news and tips. For podcast questions and guest enquiries email podcast@tpllp.com. You can also connect with us on social media: 👉Instagram: www.instagram.com/truepotentialllp 👉Facebook: www.facebook.com/TruePotentialLLP 👉Twitter: www.twitter.com/TruePotential_  👉LinkedIn: www.linkedin.com/company/true-potential-llp #inflation #wages #payrise... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO