Will global economic weakness hold back the UK recovery?

Nathan Sweeney, senior investment manager at Architas, says the UK recovery is gaining traction, although several global threats remain.

In its latest World Economic Outlook, the International Monetary Fund (IMF) acknowledged there are still risks on the horizon for Europe. Specifically, lower-than-expected inflation data in developed economies, and increased financial volatility, plus higher costs of capital in emerging markets. While the group suggests possible action for policymakers, overall they are positive on the health of the global economy and the prospects for global growth, particularly from advanced economies (see table below). The UK might not have been particularly singled out in its outlook, but its econ...