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Chris Kimble

As seen in: CNBC, AU Investing, Flipboard, Investing Canada, Investing Deutschland, Investing.com, Investing.com UK, Seeking Alpha, Benzinga, NewsBreak and
I use the power of the chart pattern to find extremes in price to identify reversal and breakouts kimblechartingsolutions.com
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Articles

Servicing the debt eats into Britain’s already thin GDP

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By Chris Kimble
| talk-finance.co.uk
Britain’s debt problem is no longer a distant threat. It is here, and it is getting worse by the month. The national debt is closing in on three trillion pounds. At the end of July it stood at £2.984 trillion, or 94.1 per cent of GDP. That is the highest since the early 1960s. The interest bill alone is staggering. Debt interest is on track to hit £115 billion this year. That is more than the entire budget for policing, courts, and prisons combined.
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Prolonged Hormuz crisis spells recession fears for Britain

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By Chris Kimble
| talk-finance.co.uk
The British economy is staring down the barrel of a potential recession, with the clock ticking on a geopolitical standoff that threatens to cripple global energy supplies. A stark new prognosis from the consultancy firm EY has laid bare the fragility of the UK’s economic resilience, warning that a prolonged conflict with Iran and the continued closure of the Strait of Hormuz could trigger a significant economic contraction next year.
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Lessons learned — British fleet lineup to change in response to new threats

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By Chris Kimble
| talk-finance.co.uk
The Royal Navy’s six Type 45 destroyers, the current backbone of Britain’s surface fleet, are now slated for retirement by the end of 2038, and in a move that signals a profound shift in naval doctrine, the previously mooted replacement by a next-generation Type 83 class has been scrapped.
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