The UK Economy Faces Significant Challenges Amid Global Turbulence
The latest data presents a concerning picture of the UK economy, marked by a significant contraction in GDP, declining exports, and rising unemployment. These indicators suggest that the momentum towards recovery may falter amidst both global and domestic pressures ... UK economy, Fluctuating numbers, Downturn on the horizon? The recent downturn in the UK economy has raised alarm bells among economists and policymakers alike. April 2025 marked a significant contraction, with GDP declining by 0.3%, the sharpest drop since October 2023. This decline was largely driven by a 0.4% decrease in the services sector, particularly in legal and real estate firms, which had previously benefited from a surge in house sales. The abrupt slowdown has cast doubt on |
Share the blog love ... | |||||||||||||||||||||||
#UKeconomy #GDPcontraction #decliningexports #risingunemployment #economicrecoveryfaltering |
About Roger Eddowes ... | ||
|
More blog posts for you to enjoy ... | ||
![]() | HICBC: New process for paying the High Income Child Benefit Charge The High Income Child Benefit Charge can now be paid via PAYE. No more self assessment just for HICBC, if eligible. Here's how the rules, thresholds and practical steps work ...... | |
![]() | Understanding Tax On Pensions Without The Jargon Here's a clear guide to tax on pensions, from allowances to lump sums and tax codes. It also covers savings, dividends, and side income. No fuss, just the essentials ...... | |
![]() | Can HMRC Take Money From Your Bank Account Without Permission? Wondering if HMRC can take money from your bank account without permission? Yes - sometimes, under strict rules and safeguards. Here's how it works, what to expect, and how to protect your finances ...... | |
![]() | Tax Resistance Threatens Reeves' Strategy As Patience Wears Thin Tax resistance is building as households and firms hit their limits. Reeves' strategy risks faltering without a credible quid pro quo. A reset on spending and growth may be unavoidable ...... | |
![]() | Simple Assessment Payment Plans: Apply Online To Spread Your HMRC Tax Bill Here's how simple assessment payment plans work and who qualifies. Taxpayers can apply online to spread tax bills, with interest still charged. It's quick, practical, and often penalty-friendly ...... | |
![]() | CPI inflation rise to 3.8%: what it means for the UK Here are my thoughts on the CPI inflation rise to 3.8% and why it matters to both business and consumers. Prices are heating up before likely cooling off in a few months. Small firms should prep for volatility and policy shif... | |
![]() | Speculation Over the Autumn Budget 2025: What Might Be Announced? Here's a quick take on the Autumn Budget 2025. Expect debate over borrowing, tax changes, and what HMRC may tweak, with winners and losers likely. Keep plans flexible while the chancellor weighs government spending needs ...... | |
![]() | Evidence Needed For Every Pension Tax Relief Claim From September 2025 As of 1st of September 2025, every Pension Tax Relief claim now needs evidence and can't be made by phone. Claims must be made online or by post, with self-assessment via the return. Here's what to provide and who can claim, ... |
Other bloggers you may like ... | ||
![]() | From Inbox to Impact: Turn Emails into Trust-Building Blog Posts Posted by Steffi Lewis on https://www.sblogit.com You can go from inbox to impact by quickly and easily turning repetitive emails into weekly blog posts with sBlogIt! done-for-you blogging service. We ... | |
![]() | The Importance Of Being Earnest Posted by Pritesh Ganatra on https://blog.btsuk.net I still believe in the notion that 'people buy from people', however, we seem to be in a world where people are being pressured into buying technology ... | |
![]() | The DIY business health check: See What's Really Going On Posted by Steph Birch on https://blog.birchstrategicservices.com Here's a DIY business health check to surface real bottlenecks fast. Skip the theatre and find the friction. Every growing firm needs a clear view of ... | |
![]() | Download an Anti-Money Laundering package that actually helps! Posted by Alison Mead on https://blog.siliconbullet.com Want Anti-Money Laundering made simple? My updated AML package offers templates, checklists, and practical tips that slot straight into your workflow. ... |