Quality stocks offer yield premium over cash and gov't bonds

On the economic front, the UK has slowed dramatically with GDP growth in the third and fourth quarte...

On the economic front, the UK has slowed dramatically with GDP growth in the third and fourth quarters of 2008, falling 0.5% and 1.5% respectively. House prices continue to fall with recent industry indicators showing an annual drop in the region of 17%, the worst since 1980. On the positive front, with the oil price having fallen from almost $150 a barrel to the current $50 and the dramatic global economic slowdown, inflation pressures have dissipated quicker than anticipated. In the UK, we have a situation where the Government, corporate entities and households are hugely indebted. Th...