Part 3/12:
Following this unfortunate trend, the only aspect of the UK economy that appears to be thriving is the housing market, with prices reaching record highs as of January. Projections for 2025 indicate a continuation of stagnation rather than recovery, with real GDP growth being minimal and real GDP per capita still lagging behind pre-2019 levels. The pressing question remains: where will future growth originate from? And if it fails to appear, how will that affect the government's tax and spending strategies?