OBR says UK economy could shrink by 35% with millions of jobs lost and disappearing revenue

OBR says UK economy could shrink by 35% with millions of jobs lost and disappearing revenue

The UK Chancellor Rishi Sunak said the economy will bounce back quickly. However, he refused to answer questions on possible tax hikes or austerity measures to pay off the expanding national debt or reveal any plan to end the lockdown and restart the economy.

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

In this Money Tips Podcast episode:

1. Office for Budget Responsibly (OBR) predicts 35% drop in UK economy

2. UK Government still planning to extend the lockdown for 3 more weeks

3. Small and large businesses going bust with revenue lost forever

4. Chancellor says the economy will “bounce back” – some hope!

5. UK stock market falls but others bounce back as economies restart

6. Learn how to make money on Amazon and adapt your business

7. 10 things you can do to thrive during Covid 19 isolation

Can you afford to retire?

Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

Quit the rat race and retire early

You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income.

Learn how to make money on Amazon

Amazon is one of the largest and fastest growing companies on the planet and its founder owner, Jeff Bezos is the world’s richest man. One of the ways Amazon got so big is by partnering with millions of small traders who benefit from Amazon’s massive leverage by selling their products on their huge ‘shop window’ platform.

If you’d like more information on how to quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community.

See more articles at www.moneytipsdaily.com