Research Focus
Our Head of Strategy and Economics has published his analysis on forecasts for the UK economy. The Treasury believes the current recession will follow a V-shaped pattern similar to the rebounds in the 1980s and 1990s. We disagree and see a sustained recovery in the UK as unlikely. Despite our pessimism about the UK economy, equities are attractive.
The note was written by Ewen Stewart who can be contacted on 020 7614 5954.