The economy and stock market are predicted to move sideways at best as the UK heads into a likely election year.
Sober expectations on growth and the UK’s cheap, unloved companies dominate investing pundits’ analysis of the country’s financial conditions and outlook.
Despite briefly hitting a record 8,000 in February, the FTSE 100 has otherwise stagnated this year and stocks have retained their ‘bargain’ status.
Growth outlook: Labour leader Keir Starmer, left, and Tory Prime Minister Rishi Sunak, right, will vie to persuade voters they have the best plan to expand the economy
An election must be held by 28 January 2025 at the latest, but will most probably take place by autumn next year, as the Government won’t want to run a campaign through the Christmas season.
Attention will turn to the political parties’ plans to expand the economy, after a year when high interest rates necessarily curbed growth – although Bank of England…
