UK economy looks up in 2024 but high prices, election uncertainty loom
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UK economy forecast to improve in 2024 as inflation falls, wages rise, and growth outpaces other G7 countries
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But consumer prices still expected to be much higher than 2021 levels
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London rents could exceed £2000 per month on average by end of 2024
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Around 30,000 UK firms, mostly smaller businesses, expected to go bust in 2024
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Global factors like Middle East conflict and 2024 general election could alter UK’s "far rosier" economic outlook