UK Economy Rebound But Shop Closures Continue  episode artwork

EPISODE · Jul 30, 2021 · 10 MIN

UK Economy Rebound But Shop Closures Continue

from Money Tips Daily by Charles Kelly, former IFA and author of · host Charles Kelly Business Coach

The UK economy is predicted to grow faster than expected this year as it recovers from the lockdown, according to the International Monetary Fund (IMF). The IMF upgraded growth forecasts for developed economies in its new assessment, but said the world is increasingly split into two blocs with the outlook for many developing countries weakening. Watch Video The largest upgrade is for the UK to 7%, which is forecast to have the joint fastest growth of the G7 leading rich countries, together with the US, although that follows a sharp contraction last year that was the deepest in that group. I was in central London this week and it was buzzing with activity again, with full cafes, restaurants and tour buses. However, shop closures are still rising, especially in the North East where vacancy rates are the highest. The end of the business rates relief and furlough scheme will be a further blow to the retail and fashion sector already suffering from increased competition from online retailers, such as Amazon. I see shops closing all around me, but then opening up again a few months later by some hopeful start-up selling the same kind of stuff. If you really want to get into business, the best way to get started without the huge financial risk of a physical business is to start with an online business. Property is another type of business you can run part-time with little or no capital. If you would like to learn how to become a professional property investor, join the upcoming PROPERTY REVOLUTION SUMMIT where you will discover secrets that have turned thousands of ordinary people into millionaires. CLICK HERE TO JOIN - https://bit.ly/3zSpGEd. Would you like to learn how to become financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value. Click on this link to watch the free training now https://bit.ly/3wLWqx2

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