Longview's CEO and Chief Market Strategist Chris Watling discusses the slowdown of the UK economy in his article with Robert Buckland in The Times.
"With the United Kingdom on its third Chancellor and Prime Minister in as many months, the situation is, thankfully, now stabilising. The currency has bounced, UK gilt yields have come off from their high levels in late September and a semblance of stability has returned to the UK’s financial markets. Caution, however, is still required. A global recession is likely, with a potentially significant fall in house prices, while the current account deficit remains significant and troubling at a time when global money is tightening up..."
Read the full article HERE