The 'reasons for optimism' on UK growth

clock • 2 min read

The UK economy ended 2019 in stagnation, under pressure from political uncertainty and a global economic slowdown.

Early Q4 data shows that this growth malaise has spread from the production sector to services also. BlackRock's Avigdori: Why stockpicking will be essential for UK income investors this year However, after the decisive Conservative election win in December surveys have risen sharply, signalling that business confidence has improved. How growth evolves will partly depend on how businesses respond to the progress of Brexit negotiations. If this improvement in sentiment persists, we can expect a significant acceleration in business investment, which has been well below trend, and ...

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