Liontrust's Cross: Why Hargreaves shares are attractive

ON UK GROWTH

The long-running debate between economists and commentators about whether the UK economy will suffer a double dip recession was reignited at the end of March.

The OECD declared the UK suffered a second successive quarter of decline in GDP in the first three months of 2012. The OECD estimates the economy contracted by 0.1% in Q1 2012 following a 0.3% decline in Q4 2011. Even if many other economists and commentators are right in predicting that the UK economy would avoid a double dip recession, it is hard to believe we will enjoy more than slow growth for quite a while. The stock market, however, offers attractive opportunities regardless of whether you think the UK has fallen into a double-dip recession. Certain companies are benefitting fr...