UK Business

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The last two recessions hit young people hardest – here's how you can protect yourself for the next one

Written by Jonquil Lowe, Senior Lecturer in Economics and Personal Finance, The Open University

After the pandemic and now a cost of living crisis, it seems unthinkable that the economic situation could get worse. But experts are pretty certain that the UK economy will flatline in 2023, and some are even murmuring that a recession could happen this year.

Technically, a recession means two or more consecutive...

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