UK exits recession as economy grows at higher rate than expected

[@nicolasbenson009]

I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

[@SandraDave.]

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[@hersdera]

I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.

[@Hectorkante]

Inflation is over 10% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

[@hersdera]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@XxTheAwokenOnexX]

UK economy might be growing, but people's living standards are getting worse.

[@edjones3410]

I smell bullshit every time I hear Jeremy Hunt speak

[@CarlBland-tn1jo]

When ever i hear anyone speak

[@allykhan8594]

The whole parliament stinks. Guy please!

[@Millennial1993]

All members of Parliament and Bank of England same

[@CarlBland-tn1jo]

@chrisviking7807 they smell like what I have just flushed

[@henrytudor7058]

Some say Hunt is thick as mince.

[@RichardFraser-y9t]

Productivity per person has gone up by 0.2% and that has been skewed towards the rich, the recession continues for most of us.

[@michaelcocheci3696]

What a pathological liar!!!😢😢😢

[@reallymakesyouthink]

It's definitely not the end of the recession. I love it when rich people decide when times are tough or not.

[@neurokith]

Do you know what a recession means? It's very clearly defined

[@reallymakesyouthink]

@@neurokith you don't have a clue

[@neurokith]

@@reallymakesyouthink What do you mean? I'm pretty sure I do know what a recession means and I very much understand being broke. Are you just assuming I'm rich? Idk why you think I'm clueless, I'd like to know why tbh

[@leehenry5764]

Tough=recession 👍

[@neurokith]

The UK is in recession if GDP falls for two successive three-month periods. Recession does not mean tough. Things are tough, but we're not in a recession.

[@jackbotha6061]

This is election talk😂

[@Risingphoenix888]

Rich poor divide ever growing. Tories looking after themselves and the elite.

[@gdwlaw5549]

They’ve had 14 years!

[@patricktudick6429]

Listen to my people Ukraine is in a war and the Houses are cheaper than in the UK now the UK is third world country

[@haruhisuzumiya6650]

And better dental care

[@leehenry5764]

Houses are cheaper because Ukraine is alot poorer

[@ioandavies8864]

Wait. How is it getting harder and harder to get things through planning permission, yet it’s just as hard as it was when they started 15 years ago?

[@lazybugger]

It could have gotten easier, then became harder?

[@madameversiera]

I live on minimum wage in London and I can assure Hunt is talking bs. We have a very hard life just to get by.... The healthcare is non existent, I had a thyroid problem and I had to go abroad to get it checked...

[@ablamill8357]

Minimum wage in London?? I feel for you. Hope your thyroid problem gets better too.

[@leehenry5764]

Get out of London or improve yourself

[@fahmad7194]

End to recession? Have you bought groceries lately?

[@momurda6]

Or paid energy bills?

[@chosenone8454]

Absolute B/S

[@Sanchyfab]

I read about it. It's good news, but I wonder how it will affect our investment portfolios. Any thoughts?

[@Robby767]

Well, with the economy growing, there could be opportunities for higher returns, but it also means increased volatility in the market.

[@Bigwilli123]

That's true. We might see some sectors performing better than others. It's essential to review our portfolios and make adjustments accordingly.

[@har0ld551-hn6fm]

I think diversification will be key here. Investing in a variety of assets can help spread the risk and capture potential gains from different sectors.

[@Larry1-pl2wq]

You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

[@mariadrukker2557]

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

[@bm8641]

Recession is Uk's middle name.

[@derekwhite2929]

And asking him if he can be honest is ridiculous, his head would explode if he tried to be!

[@arthurdixon5890]

The population is growing (due to mass immigration) and the GDP per person is dropping to amazingly low value. This is the news. The country is in a mess and the majority of citizens are becoming poorer.

[@Toodyslexicforyou]

The decrease in gdp per person has nothing to do with Population growth.

[@arthurdixon5890]

@@Toodyslexicforyou If we had the current GDP and only half of the current population we would be both more productive as a nation and more prosperous. Is my understanding. Please correct me if I am looking at this wrong.

[@arthurdixon5890]

@Dont_Be_Ridiculous Yes, I agree. Perhaps the genie is out of the bottle, never to return.

[@leehenry5764]

​@Dont_Be_RidiculousWe are 3rd most invested Country in the world

[@andrewq159]

The high rate of inflation during the 2020s means that we're still much worse off.

[@RuthOmegon]

😂😂😂 a few builders isn't convincing anyone. Stop it.

[@JohnnyinMN]

The demise of England is inevitable. No promo commercial can try to claim otherwise.

[@drewreynolds1649]

Yup 🚗 house 💸 bills and lastly food £7 for 🍗 chip 🤦🏾‍♂️

[@reallifehack4790]

According to a Kremlin bot?😂😂😂

[@hayzed9491]

Recession over? For the rich maybe but they weren't exactly struggling were they? What about the rest of us?

[@reigaterobot4965]

Hunt is a clown and this is all Smoke and mirrors, the UK is clearly not of recession

[@derekwhite2929]

BS!

[@melgrant7404]

Makes no difference to their fortunes.bye tories.

[@gdwlaw5549]

France attracted more foreign investment than the UK!

[@mkoschara]

What a Jeremy Hunt.

[@windsong3wong828]

Exit recession when interest rate is still at 6%……? Hahahahahha……. You must be dreaming…… More pain is coming.

[@anthonyduncalf-uk]

People used to be able to buy a house and raise a family on one wage. Now you can barely do it with two wages. House prices are massively overpriced .

[@gavloft]

Feminism ie 2 workers per house doubled the amount banks would lend and increased the cost of housing.

[@dondraper2488]

End of recession ? I wasn’t aware that the deep 1930’s esq depression was over….

[@lingxianglu849]

Can someone explain to me the math and formula why high interest rate can make living cost cheaper?

[@adrianaspalinky1986]

#GeneralElectionNow

[@kennethvenezia4400]

Ya, I don't believe that number. I think it's TOTAL BS.

[@secreteman205]

What an absolute load of bollox 😂😂😂😂😂

[@stephenwalker2924]

Tories: "We are standing slightly less firmly on your necks this week." Yawn.

[@johnobrien8398]

They are just talking nonsense no body feels better off

[@allykhan8594]

My carrots grow faster. 50% of gdp is Gov spending 30% of that is debt spending.

[@fintamaria2429]

In the end it will be a competition between prices, which can increase the most. He will win the price that no one can pay anymore. #

[@etiennedelaunois1737]

As a business I can tell, since Sunak passed on tv yesterday saying that the UK economy is growing fast, all my worries and struggle for bills are now out. Long live the conservative. So our economy grows quick, more than France,... we also comes from further down than France,... So at one point we need to grow we can't carry on going down. Well done tories.

[@smoozerish]

Whiff of something smelly when Tories speak

[@Billywoo12]

Too much emphasis is put on GDP development, up or down. National debt, inflation, employment, standards of living vs. similar nations...

[@SugaaShani]

End of recession... as if

[@Lando-kx6so]

Prospects improve even more once the Tories get thrown out & kept out for atleast a generation

[@offbeat65]

Look, mummy, a unicorn flying. It's 50% bigger than the one we saw last year!

[@Brendan00000]

It's really positive to hear good news for a change! Here is hoping things will continue to improve from here on in

[@GeoffV-k1h]

OECD has suggested the UK do worst out of the developed nation sin the coming 24 months. The Tories claim we will do the best. Who should we believe?

[@leehenry5764]

Well we are doing best so tories are right so far

[@leehenry5764]

Fault of brexit why economy is doing better than it should.

[@gregjones-x8c]

She's a far-left activist at the left-wing Channel 4, she's been there years,..very slanted and skewed line of questioning.

[@reubydo]

Top forklift driver 💪🏼

[@anthonyferris8912]

Sounds very much like everywhere else.

[@angelachanellehuang5663]

Awesome

[@jarimiahmarcysiak1266]

Us had 1.6% gdp increases 2024

[@AaronfromEngland1989]

I'm stinking rich

[@alfonsohorcajada4399]

His eyes are scary....

[@matthewbell4273]

Thumbnail bro be like a stock image of himself

[@nicolass7102]

Brexit benefit

[@noodleppoodle]

You know it's just a small bump and it will be all doom and gloom in the long run

[@smaranyck86]

🤣🤣🤣🤣🤣seriously???? Do you really think people are so stupid??? Yes they are,brexit unfolding 😎🥰

[@leehenry5764]

What by the economy growing better than most western nations😂

[@willsrpi]

Yeah but take a look at the GDP per capita figures, no better than 2007.

[@gemmataylor4868]

And Bath still won't give me a week of Librium so i can quit drinking and go back to work!!!!!!!!!!!!!!!!!

[@kevinwilliams1768]

that's good news

[@johnmorrell6454]

what a liar

[@AmerBoyo]

Those houses look fab! More like that please 🙏

[@susanpettitt713]

LIED GE

[@HolloMatlala1]

I guess I was terribly wrong with regards to Annual expenditures and budgets en.wikipedia.org/wiki/Fiscal_year .... Still trying to understand the difference in times

[@HolloMatlala1]

or maybe I was right with regards to 1st and 6th April....It's the marathons kickstart