The 'reasons for optimism' on UK growth

clock • 2 min read

The UK economy ended 2019 in stagnation, under pressure from political uncertainty and a global economic slowdown.

Early Q4 data shows that this growth malaise has spread from the production sector to services also. BlackRock's Avigdori: Why stockpicking will be essential for UK income investors this year However, after the decisive Conservative election win in December surveys have risen sharply, signalling that business confidence has improved. How growth evolves will partly depend on how businesses respond to the progress of Brexit negotiations. If this improvement in sentiment persists, we can expect a significant acceleration in business investment, which has been well below trend, and ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

'Bad news' for Labour as surging gilt yields puts pressure on government's debt management
UK

'Bad news' for Labour as surging gilt yields puts pressure on government's debt management

Worries over state public finances mount

Sorin Dojan
clock 08 January 2025 • 2 min read
UK retail sales record tepid growth in final quarter of 2024
UK

UK retail sales record tepid growth in final quarter of 2024

0.4% growth year-on-year

Sorin Dojan
clock 07 January 2025 • 2 min read
City minister Tulip Siddiq refers herself to government adviser on ministerial standards
UK

City minister Tulip Siddiq refers herself to government adviser on ministerial standards

Following recent anti-corruption probe

Linus Uhlig
clock 06 January 2025 • 2 min read
Trustpilot