Simple Liquidation blog

It’s official; the UK is the most attractive country for young people across the G20, according to the latest survey from Ipsos, the research specialists. The British Council asked Ipsos to conduct the research that surveyed 20,616 people across the G20 countries, aged 18-24 years old, in September and October 2021. The results showed that not only did the UK ranking in G20 nations continue to remain strong, but that overall, the country’s attractiveness has increased. But why is the UK so attractive to young people? For the fourth time since 2016, the British Council wanted to get an insight into what young people thought about the UK, why it is so attractive to them and the level of trustworthiness of the G20 countries. Following the survey of over 20,000 people across 19 of the G20 countries, the UK pipped Canada to the top spot. The highest UK ranking in G20 nations was led predominantly by ‘trust in institutions’; that being, our education system is considered the best of the G2

With rising inflation and the cost of living crisis in the UK, there has been much talk in recent months of an impending recession in the UK. Some experts believe that the country is already in a recession, albeit mildly, while others are predicting 2023 is the year a recession will hit the UK. Others are saying that although it may look like the UK is in a recession, there are certain industries bucking the trend. It’s hard to decipher whether a recession is looming, particularly when the economy records a growth of 0.5% in May this year. Whilst this may be a small growth, it is an upward trend that many experts hadn’t predicted. On the reverse side of the coin, GDP in the UK dropped by 0.3% in April as the cost of living crisis started to really bite. So, is there going to be a recession in the UK ?