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