Hargreaves Lansdown's Lund-Yates: Do the UK Bears have it wrong?

'Muddied' picture

clock • 4 min read

The UK is not hailed as the place to be by investors these days. It is true that the UK faces some deep-rooted productivity problems, and we are not on a path to stellar economic growth.

But amid the gloomier data there are bright spots - skipping the UK could be an oversight. Firstly, the worst of economic pain is behind us, with recession risk largely a thing of the past. This includes real wages being on the up, paving the way for a more resilient showing for discretionary spending. House of Lords challenges 'disproportionate' FCA investigations proposal This is also backed up by improving consumer confidence as people start to feel slightly more optimistic about the economy's outlook. The final nugget of positivity stems from recent news that UK manufactu...

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