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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

British Spending Growth Might Weaken in the Long Run—PwC

March, 17 2017
watermark Economic news

PricewaterhouseCoopers LLP stated UK consumer spending would probably weaken in the long run after its value dropped by over 2% this year as compared to last year’s 3% reading. The country’s spending rates is expected to slow down by 1.7% next year since income gains might be unable to keep in pace with inflation rates. British people might also have to cutback on spending as housing spending might only compose 30% of the country’s total household budget by 2030.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.