UK Economy Falls By 0.3 Pct In Q4 2023
The gross domestic product (GDP) of the United Kingdom (UK) fell by an unrevised 0.3 percent in the last quarter of 2023, data from the Office for National Statistics (ONS) showed on Thursday.
Sun Life’s inaugural survey "Asia Financial Resilience Index," also found that lower-income respondents score better (60%) than those in the high-income category (52%) in being able to cover short-term financial obligations while saving for long-term.
Millennials are the most financially resilient generation in Singapore, with higher confidence in meeting long-term goals (75% vs 68%) and managing month-to-month finances (71% vs 67%) compared to older age groups.
Despite this, only 44% of millennials have a financial plan beyond one year.
