Read our latest news stories
“The combination of mortgages rolling over, going onto a higher fixed rate, the combination of savings being drawn down, the combination of consumer confidence, business confidence being eroded. All of that, to us, points towards consumers now beginning to show the effects of everything going on.”
It is with great sadness that we find ourselves writing about more conflict in the world, with last week’s events resulting in many atrocities and no doubt much human suffering, and our thoughts and prayers are with those affected by such dreadful events.
As it stands today one of the most anticipated recessions ever has yet to materialise. In fact, economic growth, with the exceptions of Germany and Italy, has broadly been positive across the board, although outside the US recent gains have been much more modest in nature.