HNWIs’ confidence in the economy falls to 48% from 84% six months ago.

HNWIs’ confidence in the economy falls to 48% from 84% six months ago.
Economists were upbeat about the better-than-forecast GDP figures for Q4, but warned that the UK economy is not out of the woods yet.
UK GDP has increased for the first time in three months.
Swap rates have been rising in recent weeks and concerns about persistent inflation is a key driver.
Inflation has increased for the second month in a row.
How will the latest figures affect the path of Bank Rate?
Monthly GDP fell by 0.1% in September, with quarterly growth slowing to 0.1%.
38% expect a downturn in the broader economy and more than 1 in 6 foresee looming financial difficulty for their clients.
September marks the first time inflation has been below the Bank of England's 2% target since April 2021.
Advisers discussed potential changes to CGT, pension tax relief and business taxes.
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