The announcement on Wednesday that the UK economy is now officially in recession has come as no surprise, with the news in the first half of 2020 dominated naturally enough by Covid. The financial news has been mainly centred around its effects, from the dramatic collapse – and equally dramatic recovery – of the market – to Chancellor Sunak’s exciting minibudget designed to get the economy rolling again.
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New data from the World Trade Organisation has slashed forecasted growth for the next year. Our Continuum team look at how this could impact your finances, and how we can help you during uncertain economic times.
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The pace of China’s economy has been rapid over the last 20 years, however are we about to see a change? New figures suggest a slowdown in growth, but how will this impact your finances?
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We have all become used to the idea that China has become the engine that powers the world’s economy. In the past 30 years, it has developed a monied class with a taste for everything from consumer electronics to Rolls-Royces, an advanced manufacturing base and an economy set to outpace that of the US.
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Donald Trump’s promise to make trade fairer for the US has led to conflict with some of America’s oldest trading partners.
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