Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

UK economy is slowing down and could go into recession By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast A report by the IHS Markit/CPS purchasing managers suggests that the UK service sector is slowing down following construction and manufacturing. The report suggests that the economy shrunk by 0.1% in the three months to September following a 0.2% fall in the previous quarter. Yesterday, I reported that property price growth has almost ground to a halt. I recently reported that the ONS said that the house prices had slowed to the slowest growth rate since 2012. Germany is economy is all but in recession and stock markets are going through a rocky patch. Many people are blaming Brexit, but I believe that this is not the only factor. Economies go through regular cycles of expansion and contraction, boom and bust. It doesn’t seem like we have had much of a boom since the last crash in 2008, but a longer session was avoided by governments