Despite a recent post-lockdown surge in house prices, analysts at the Centre for Economics and Business Research have forecast a 14% drop to come for the property market next year.
September Gold News 2020
The Office for National Statistics has revealed that the UK economy grew by 6.6% in July versus June, but GDP is still far below pre-pandemic levels.
Equally worrying is that the recovery now appears to be slowing down, leaving the UK wallowing in the historic contraction caused by Covid-19.
Scotland’s Cononish gold and silver mine – operated by Scotgold – hopes to pour its first gold by November 30th 2020, in a positive boost for UK mining efforts.
Cononish is Scotland’s first commercial gold mine, situated in the Highlands between Fort William and Glasgow.
Brexit, one of the key economic drivers for investors in 2019, is now back to the forefront of news this week as talks continue to make no progress.
Boris Johnson has announced that if a deal is not reached by October 15th, that he will recommend both sides “move on”.