Aviva's Robertson expects QE2 to bolster UK exports

Aviva Investors' senior economist Stewart Robertson is expecting more quantitative easing in the UK as the Bank of England looks to stimulate growth.

In conversation with Asset TV he predicted this will lead to weaker sterling and a boost for UK exporters. Robertson also discussed the lessons to be learned from Japan in the 1990s and the chances of a US-China trade war. There is a lot of discussion about a double-dip recession in the UK. Will it happen? I think the UK will avoid a double-dip recession, and that is really a reflection of the amount of policy stimulus we have had interest rates are still extremely low. There is the possibility further unconventional monetary policy – quantitative easing – may be reinstated by the BoE b...