What will a shrinking economy mean for me and how close are we to a recession?

What will a shrinking economy mean for me and how close are we to a recession?

The UK is in the early stages of what could be a major economic slump (Picture: Bloomberg)
It’s official – the UK is on the road to a recession.
Data released this morning confirmed what experts have been warning for several months now.
While it’s not quite a done deal yet, it’s hard to find a single voice who thinks anything other than a long period of gloom is in store for the economy.
A…

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