Will reduced consumer demand push the UK towards recession?
October 12, 2022
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3:59Now PlayingWill reduced consumer demand push the UK towards recession?
YouTube Description
as posted by the channelPersonal finance expert Greg Marsh says that household demand for extras will likely fall as the cost of living for essentials bites.
The resulting reduction in spending on things such as socialising and gym membership, as energy and mortgage bills rise, will slow down growth in the economy and could lead to a recession.
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#costofliving #economy #growth #government #recession
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