UK Economy To Boom
UK Economy To Boom
Here's a simplistic (and optimistic!) short term prediction for the UK economy:
- consumer spending rises astronomically as £billions of personal savings are unleashed post vaccine
- UK builds on its reputation as a science and technology hub post Brexit
- Inward investment floods from overseas as the UK presents itself as an attractive proposition
- B of E reduces interest rates into negative territory, reducing cost of government debt, introducing greater liquidity into the market and getting young house buyers onto the ladder
- world stock markets rise in response to improved national economies
- job market responds and provides opportunities to those unfortunate enough to have lost jobs during the pandemic
Sunnier days ahead!