The UK economy is grappling with challenges as business confidence falters and retail sales dip. The Lloyds Bank business barometer fell to a five-month low of 41%, highlighting economic uncertainty, though firms remain optimistic about their trading prospects. Surveys from the Confederation of British Industry and the Institute of Directors indicate shrinking private sector activity and the lowest business confidence since April 2020. Elevated borrowing costs and higher employment taxes are straining businesses, dampening hiring and investment. Despite these difficulties, the Organisation for Economic Co-operation and Development (“OECD”) forecasts stronger growth by 2025, driven by public spending, though inflation is expected to stay above target.

Stocks featured:

Frasers Group, International Consolidated Airlines Group and Legal & General Group

To find out more about the investment management services offered by Walker Crips, please visit our website:

https://www.walkercrips.co.uk/

This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange.

Hosted on Acast. See acast.com/privacy for more information.