FTSE 100 will reach 6,600 by end of the year

ON UK GROWTH

SVM's Margaret Lawson believes the FTSE 100 will grow by 10% this year despite major headwinds in the global economy.

There are still strong areas in which to find good growth prospects in 2011, despite a downwards revision for the UK Growth sector by the CBI. Macroeconomic data from the US remains robust and with job creation gathering pace and inflationary expectations fairly benign, we are convinced that the recovery is self-sustaining. Despite major headwinds in the global economy, we believe the FTSE 100 will rise 10% to reach 6,600 by the end of this year. Companies continue to manage their businesses tightly. Strong cashflows are allowing the corporate sector to invest for the future, embar...