Brighter prospects for British assets


17 Dec

Brighter prospects for British assets

Moderate economic growth in 2025. Inflation almost under control. Accommodating monetary policy. Sharp downward adjustment in long-term interest rates. Positive outlook for bonds, listed real estate and equities.

Key points

  • Sharper-than-expected slowdown in Q3
  • A still relatively weak end to the year
  • Further declines in manufacturing and services PMIs
  • Slight easing of tensions in the labor market
  • Household confidence improves
  • Inflation almost under control
  • BoE continues to take small steps
  • Bond market now looks more attractive
  • The pound rises against the Swiss franc
  • Entry point for securitized real estate
  • Probable recovery for the FTSE 100