Investors pull back from UK as economic gloom deepens
Briefly

Britain has become the most unpopular investment destination among fund managers, primarily due to stagnating growth and persistent inflation issues following the Chancellor's recent Budget. A Bank of America survey indicates that the UK ranks below other asset classes in attractiveness for investors. The economy is showing fragile signs, with a mere 0.1% GDP increase attributed mainly to government spending, while private sector activity contracts. Investors are increasingly favoring the US and eurozone, underlining a significant shift away from the UK, which is struggling to regain confidence in its growth prospects.
Britain ranks as the least attractive market for global fund managers, emphasizing a climate of stagnant growth and persistent inflation.
Data from Bank of America reveals the UK as the least appealing country for investors, reflecting faltering growth and inflation pressures.
Read at Business Matters
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