UK's return to meaningful growth dealt another blow

Social and economic cost of the UK’s fight against Covid-19 will only grow

Mike Sheen
clock • 2 min read

Readers may well have felt a sense of déjà vu over the past week as the UK returned to a state of uncertainty as to the next steps in efforts to tackle the coronavirus pandemic.

It appears the second wave is nearing, if not here already, and has forced us once again to restrict our way of life. It was only a couple of weeks ago that City life had begun to re-emerge as businesses and workers heeded calls to return to the office. A short time ago the prospect of a second lockdown was unthinkable, it is now entirely possible. As chief scientific adviser Sir Patrick Vallance and chief medical officer Professor Chris Whitty warned of the potential for 50,000 new infections per day if the virus's spread is not impeded, they too were conscious of the impact further ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: Is it time to rebalance portfolios as the UK economy stabilises?

Partner Insight: Is it time to rebalance portfolios as the UK economy stabilises?

Brooks Macdonald
clock 18 November 2024 • 2 min read
Partner Insight: The case for value in a balanced portfolio

Partner Insight: The case for value in a balanced portfolio

It’s been an anemic time for value stocks but the managers of Vanguard’s active multi-asset range think a focus on valuations could be rewarded.

Madison McCall Active Product Specialist, Vanguard, Europe
clock 18 November 2024 • 5 min read
Stories of the Week: UK wage growth cools less than expected; Reeves planning pension 'megafunds'; US inflation rises

Stories of the Week: UK wage growth cools less than expected; Reeves planning pension 'megafunds'; US inflation rises

Wage growth, pension 'megafunds' and US inflation: The biggest stories from the world of investment and asset management this week

clock 15 November 2024 • 1 min read
Trustpilot