House prices expected to dip by 1% in 2024

Rightmove, the biggest property portal in the UK, has predicted a decline in house prices next year. According to Rightmove's projections, average new seller asking prices are expected to be 1% lower nationwide by the close of 2024. Highlighting the need for sellers...

UK economy faces stagnation until 2025

The British Chambers of Commerce (BCC) has adjusted its GDP forecasts, revealing a stagnant UK economy until the close of 2025. The BCC's Quarterly Economic Forecast anticipates sluggish growth with rates of 0.6% in 2023, 0.4% in 2024, and a marginal rise to 0.6% in...

One in four Brits borrow money over Christmas.

New research from the Money and Pensions Service (MaPS) reveals that one in four Brits are planning to borrow money for Christmas and other religious and cultural holidays in the next three months. The survey, conducted among 3,016 UK adults, indicates that 26% of...

Challenges loom for UK retailers

The British Retail Consortium (BRC) has voiced concerns to Prime Minster Rishi Sunak about the potential repercussions of the cost of living crisis on retailers. The consortium cited Government measures, including Brexit red tape and higher business rates outlined in...