UK economy shrinks as latest ONS data adds to concerns – investment experts share their views
- On June 15, 2022
- By GrowthInvest Marketing
Today’s announcement from the Office for National Statistics (ONS) as they published the April GDP data makes for difficult reading for those concerned about the health of the UK economy. Whilst many economists weren’t expecting a second month of negative GDP returns, it reinforces the plight of the UK economy as it struggles against so many headwinds.
But what does all this mean for investors? And what about its impact on the financial plans and livelihoods of the clients of financial advisers? Is a recession on the cards now or might a boost over the summer months head it off at the pass?
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