Go for Growth
The UK has become a nation of accidental savers; an interesting side-effect of the Covid-19 restrictions. Guess how much more we were saving in the first two lockdowns… £17.5bn… per month. I reckon by the time we get to June 21st, households could have saved over £100bn! Of course, that’s not the full story, and sadly there is a huge divide with many households losing jobs and falling into debt. However, perhaps now is the time for all those savers to get out and spend that £100bn to boost the economy. Growth needs to be on the agenda, and we all need to play our part. But if this is a repeat of the roaring twenties experienced a hundred years ago, then, at least this time, the Essendon Business Godparents are around to help clients grow and thrive.