With Britain’s economic showing some signs of recovery, is there prospect of the fragile growth being thrown off due to the damaging impacts of recent flooding?
The UK is falling short of its target of doubling the export targets to £1 trillion by 2020. PAC said UK is not performing well like the European counterparts.
The bankruptcy rates are falling due to people finding it harder to get credit while lenders are not willing to risk on individuals with lower credit ratings.
Fears over a property bubble with over inflated prices causing many people to borrow more on the housing ladder. It is a 6 year high for house sales since 2008.
The UK exports of products increased by 2% between October and November – the total being £25.3bn, due to the increase of trade with the European Union.
The British Chambers of Commerce (BCC) is stating the UK`s economy is set to strengthen in the coming year - specifically in the manufacturing sectors.
Being voted as the best city, London`s property prices are set to rise for investment in property by foreign investors. It could push out first time buyers.
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