Welcome to our sixth newsletter for 2024 aiming to bring you the latest in financial news and updates.
This month we focus on the following topics:
HOUSE PRICES FALL FOR THE SECOND MONTH IN A ROW: House prices fell by 0.4% in April to £261,962, following a 0.2% drop in March.
UK PREDICTED SLOWEST GROWTH AMONG RICH NATIONS GDP: is expected to rise by only 1% in 2025, below other G7 nations such as Canada, France, Germany, Italy, Japan and the US.
SME ENERGY STANDING CHARGES ARE TOO HIGH: Some SMEs’ costs have risen by more than 1000%. Nearly two-thirds of these businesses cite utility costs as a key factor driving higher expenses.
MPS WARN UNFAIR BANKING IS HARMING SMALL FIRMS: The Treasury Committee says confidence among SMEs has fallen.
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