While the pandemic has shown that it is impossible to predict what the near future looks like, many experts are now making their economic predictions for 2021 with the roadmap to normality outlined and the easing of restrictions starting. So, what might the economic recovery look like this year?Unemployment on the RiseRedundancies were rising at the fastest rate on record towards the end of 2020 even with the furlough scheme, so when this closes at the end of April (after several … [Read more...] about How is the UK Economy Expected to Perform in 2021?
2020 was clearly a year to forget for the automotive market. The pandemic and subsequent lockdowns and restrictions took their toll with consumers unable to buy for large parts of the year and with confidence low even in times where restrictions were eased. So, how will the market perform this year?A Year to ForgetFirst, it is important to analyse the year just gone. It was reported that new car sales slumped to their lowest levels since 1992 down a staggering 29.4% on 2019 - this was … [Read more...] about How is the Car Market Expected to Perform in 2021?