Guy Anderson: UK recovery is likely to be a long and challenging process

While the UK is moving into the next phase of the public health crisis, the economic ramifications suggest recovery is likely to be a long and challenging process.

This necessitates a prudent investment approach, investing in those companies which can combine resilience with sufficient flexibility to adapt to the ‘new normal', whatever that may mean. One interesting sector is retail. The UK retail sector has been going through a period of significant change and this has only been accelerated by Covid-19. Social distancing measures and shifts in consumer confidence mean that the outlook may remain challenging. However, companies that have been showing strong growth in recent months and have the balance sheet muscle to cope with the crisis will co...