A change within the political backdrop, an improved macroeconomic outlook and enticing valuations ought to help an improve in our views of the UK market.
Totally different political setting
The consequences of the worldwide pandemic, the aftermath of the Brexit deal and detrimental shocks from the Russia-Ukraine battle on vitality costs has led to an underperformance of the UK financial system.
GDP progress slowed from 1.6% year-on-year in 2019 to 0.1% YoY in 2023.
BoE’s Ben Broadbent: Summer season fee minimize on horizon if financial information observe forecasts
Annual inflation peaked at 11% in November 2022 after a sequence…
