Weekly Money Tips News Round Up - UK Debt Exceeds Size Of Economy For First Time In 50 Years

Weekly Money Tips News Round Up - UK Debt Exceeds Size Of Economy For First Time In 50 Years

In this Money Tips Podcast episode:

1. National debt exceeds size of UK Economy for first time in 50 years

2. Bank of England to inject an extra £100 billion into the UK economy

3. UK economy shrinks by 20% in April – biggest monthly drop in history

4. Non-essential shops reopen as economic figures set to improve in June

5. Nationwide cuts lending in fear of negative equity in a falling market

6. Bigger deposits required from borrowers to cover future price drops

7. Maximum LTV Loan to Value cut from 95% - 85% for First Time Buyers

8. Brokers report tightening mortgage lending as banks become cautious

9. Numbers claiming work-related or unemployment benefits up 126% to 2.8 million

10. Economists warn of higher unemployment figures when furlough scheme ends

11. UK House prices suffer biggest fall in 11 years as lockdown kills the economy

12. Stock markets still rise as billions pumped into economy every week in America

13. Will your job be one of millions phased out by automation, innovation and AI?

14. You don’t need your own money to create a second income in property

15. Time to your economy or Uconomy started whatever the economy is doing!

16. You can create a second income during the lockdown…and come out stronger

17. Learn how to make money from propertywithout deposits, mortgages and cash

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even 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

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