Tax BOMBSHELL – The UK's Record Tax BurdenWatch this video on YouTube The UK tax burden is rising to the highest level since the Second World War. The IFS stated it will be a record-breaking parliament for tax rises. The only chancellor to actually cut taxes was Kwasi Kwarteng, whose bold, unfunded tax cuts, …
How The Irish Economy Overtaken Brexit Britain? Why Ireland's Economy Surpassed The UKWatch this video on YouTube In the post-war period the Republic of Ireland, stood in the shadow of its richer neighbour, with average incomes nearly three times less than the UK. Yet, over the next few decades, the Irish economy was transformed and …
Earlier in the year the UK had record-breaking inflation with both headline and core inflation remaining well above the government’s target and being worse than forecast. As bad news on inflation kept coming the Bank of England increased interest rates 14 times. Finally, in a narrow vote, the Bank paused to halt rate rises. Is …
House prices are falling at their fastest rate since 2009. With average prices 5% or £14,600 lower than last year. (Both Halifax and Nationwide reporting similar falls) Whilst Property experts are hoping for a soft landing, the market still has to absorb more bad news with a record fall in mortgage approvals and the impact …
Is the Polish Economy Set to Overtake the UK Economy?Watch this video on YouTube In 2000, the average GDP per capita in the UK was over three times that of Poland. But with the UK economy stuck in a trap of low economic growth, forecasts suggest, on current growth trends Poland could overtake the UK …
High interest rates and falling house prices will fundamentally alter both the housing market, and also the economy. The last two house price crashes co-incided with two deep recessions and if prices fall as much as expected, it will worsen an already weak economy. But, it is not all bad news, falling prices could be …
This week 2 year fixed mortgage rates rose above 6% – the highest level since Liz Truss’s mini budget of September. Why is UK Facing a New Mortgage Crisis?Watch this video on YouTube It threatens to add an extra £2,500 a year to the average mortgage. By next year, total mortgage payments could be an …
Is the UK Heading for a Pre-Election RECESSION?Watch this video on YouTube Last year, the Bank of England made a very gloomy prediction for the UK economy – a deep and prolonged recession. They were wrong, the UK avoided recession and grew more strongly than some expected, but the downside is that the Bank of …