E151 – The UK economy is in crisis mode

At the time of recording this episode, the UK is in full crisis management mode following the recent mini budget announcement from our new chancellor, Kwasi Kwarteng this month. UK inflation and interest rates have reached record highs whilst our sterling has reached a record low.It has been reported that the UK economy is just a matter of weeks has lost $500 billion, investors are losing confidence in our economy and there are real concerns that we are heading for a longer and deeper recession.Why has this happened and how are we going to turn this around?Check out this episode to learn more about these recent events, our general thoughts on the challenges we face today and our predictions for the UK economy for the mid to long term future.Aʟʟ ᴠɪᴇᴡs ᴀʀᴇ ᴏᴜʀ ᴏᴡɴIf you have any feedback or any topics, you'd like us to discuss on the show, DM us on Instagram@takeflightpodcast. Please also subscribe and leave a review on whichever platform you are listening on (we are now on YouTube).------Important Information: This podcast is for information purposes only. Matters discussed are not intended to provide and should not be relied on as investment, accounting, legal or tax advice or recommendation. The views and opinions presented are those of the four podcasters (and/or any guests) and these may change.We advise that you seek and/or obtain independent professional advice in relation to your personal circumstances.

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