Rathbones' Stick: Should investors be more optimistic on UK equities?

Carl Stick, manager of the Rathbone Income and Heritage funds, explains why the future is looking rosier for many UK companies.

It seems economic data shows little sign of inflationary pressures in the UK. As the oil price has fallen $40 in a few months, there is some relief at the petrol pumps, and, in the run-up to Christmas, retailers continue to compete by offering shoppers ever more competitive prices.  Furthermore, Bank of England Governor Mark Carney warned of the "spectre of European stagnation" in his recent Quarterly Inflation Report, and described the US as "unique in maintaining economic momentum", but, tellingly, he did not offer confidence in the UK. Investment growth is strong and there is enoug...