In 2026, the FTSE 100 index is likely to pass 10,000 for the first time thanks to the onward march of corporate earnings around the globe. UK investors have been remarkably reluctant to invest despite the relentless rise of equity markets: two-thirds of all ISA savings are in cash ISAs, and two-thirds of savers believe that investing is too risky.
With investors starting to discount a change to a more business- and stock market-friendly government, savers’ risk aversion should start to decline, even if the domestic economic outlook remains dismal and fears of a fiscal crisis are widespread.
