UK

UK stocks exposed to the domestic economy have been overlooked by the market and are attractively valued despite the gloomy outlook for the UK, says Tim Steer at Artemis.

Back in 1994, amidst an ongoing fiscal crisis in Sweden and a ferocious bear market in government bonds, Christer Käck, at Skandia, was the biggest bond player in domestic Swedish bonds.

The Sunday Times recently carried an article about the risk of recession in Spain should the ECB raise rates. According to the quoted economist, a rate rise would be a policy mistake that could push Spain back into recession.

Inflation targeting is failing the UK economy. It is time for the coalition government to reassess it.

UK inflation is high and rising. Unemployment is high and rising. That isn't supposed to happen, is it?

Elaine Morgan's three-fold investment approach combined with focus on international stocks over domestic cyclicals leads Aegon UK Smaller Companies into the top quartile.

Old Mutual Asset Managers' bond manager Stephen Snowden has left the firm to return to rival house Aegon Asset Management.

MAM Funds' Simon Edwards is retiring from the firm in June.

ON UK INCOME

The first quarter rebound in the UK economy was weaker than expected, a survey suggests, adding to a growing consensus the Bank of England should again delay raising interest rates this week.