Last week’s release by the Office for National Statistics (ONS) of its quarterly gross domestic product (GDP) estimate for July to September painted a picture of a shrinking UK economy. GDP fell by 0.2% in the third quarter, slightly less than predicted by some City economists, but enough to push the UK a step closer to recession. The Bank of England has forecast a ‘prolonged’ downturn, potentially the longest on record.
DGS Independent Financial Advisers Limited is registered in England and Wales. Company number 03784035
Registered and trading address: 2 Crown Buildings, The Green, Chingford, London E4 7EX
Authorised and regulated by the Financial Conduct Authority under reference 225814
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