UK economy is paused, not suffering a hard reset

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Andrew Mackintosh-Walker of Close Brothers Asset Management
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Andrew Mackintosh-Walker of Close Brothers Asset Management

Following the financial crash of 2008, investors have benefited from a decade of bullish markets, and while there were indications that a slowdown was on the horizon, economic stasis caused by a flu pandemic was not on anyone's radar.

The current situation is truly era-defining and poses significant challenges for governments and investors alike. But as alien as it may feel, the economy is paused rather than suffering a hard reset...

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