For many, a recession can be an incredibly difficult time, fraught with anxiety and feelings of hopelessness. The financial markets and job security becomes increasingly unstable at a time when the cost of living is going through the roof. Its enough to make you lose all hope of reaching the light at the end of your tunnel.
I’m sure you’ll have heard these phrases used in the news and in economic reports, but just in case you were afraid to ask, here’s what they actually mean.
We’ve heard the word recession quite a lot over the past couple of weeks. If, like, me you’re not entirely sure whats going on behind the scenes and who’s pulling the strings then read on, and we’ll try to discover whats driving this boom-and-bust economy we seem to be stuck with.
With the war in Ukraine rumbling on and the after effect of Brexit prices of everyday goods are on the increase. In this article we'll look at what inflation means for your money and how its actually measured.