After a rollercoaster year in the UK equity market in 2020, investors and commentators are looking forward to better news in 2021 as several Covid-19 vaccines are rolled out and Brexit is seen as done and dusted.
The pundits are predicting a period of reflation, talking up commodities and banks, which tend to benefit from rising interest rates, while anticipating a recovery in the hard-hit leisure, travel and retail sectors. UK dividends will not recover until 2025 - Link Group This optimism seems to ignore many uncomfortable realities. We are currently in the eye of the storm in regard to hospitalisations and deaths from Covid-19. There is a massive backlog of routine operations with hospital waiting lists now said to number over 4.5 million people. The huge government programmes to su...
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