Listen "UK Economy Under Pressure, Interest Rates to Rise…"
Episode Synopsis
UK Economy Under Pressure, Interest Rates to Rise…The UK economy is facing significant challenges, with soaring bond yields, a weakening pound, and rising mortgage rates creating a tough environment for homeowners, landlords, and businesses alike.In this week's Market Wrap, we examine bond yields hitting 30-year highs and their impact on borrowing costs. We also explore the pound's slide against the dollar and what it means for the housing market, along with how rising rates are squeezing landlords, first-time buyers, and businesses.Is there a silver lining? Discover how a weaker pound could create opportunities for foreign investors and exporters.Watch now to stay informed about the latest developments in the UK economy and property market.
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