"Avalanche of bad economic news" - Bloomberg UK. 5 Fact Friday

5 Fact Friday 24 January 2025 Councils withdraw from social house building programs https://www.telegraph.co.uk/politics/2025/01/20/labour-flagship-housing-promise-under-threat/ Employment falls fastest since pandemic https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/january2025 HMRC November Transaction Volumes up 19%: https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above/uk-monthly-property-transactions-commentary BTL repossessions up 73% yoy https://www.ukfinance.org.uk/data-and-research/data/buy-to-let-lending December Gov Borrowing 70% up on 2023. https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/bulletins/publicsectorfinances/december2024 Sainsbury’s to lay off 3,000 staff due to NI increase https://www.thisismoney.co.uk/money/markets/article-14318867/Sainsburys-axes-3-000-staff-jobs-bloodbath-surging-costs-rock-retailers-Labours-Budget-tax-grab.html Record businesses in financial distress https://www.bbc.co.uk/news/articles/c9vmrpdrk4eo Renters Rights Bill Fiasco https://youtube.com/live/Pi0JOK51ArY?feature=share Watch the video here: https://youtube.com/live/L8QkYTZWOms Support the show Follow me on X for daily updates: https://x.com/moving_charlie 🎥 Charlie's Golden rules videos for Buyers: https://www.youtube.com/watch?v=h6T-uZ28a80 Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw 🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe 📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/ 📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/ 💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/ 🧑‍⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/ ...