Sentiment towards the UK has improved following December's General Election result, but we believe equity income investors need to tread carefully in 2020.
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The UK economy ended 2019 in stagnation, under pressure from political uncertainty and a global economic slowdown.
Possibility of fund mergers and closures on completion
After the strong end to 2019 where the 'Boris bounce' led the FTSE All-Share up roughly 6% in December alone, the start of 2020 has found markets in a more cautious mood.