The United Kingdom is on the brink of an industrial recession due to increasing interest rates, causing a significant decrease in production and employment in an already struggling sector.
The United Kingdom is on the brink of an industrial recession due to increasing interest rates, causing a significant decrease in production and employment in an already struggling sector.
For the small caps space, the question in recent months has not so much been share price levels, in general, quite painful, but the level of liquidity in the market.
Hussain Mehdi at HSBC Asset Management warns that the worst is yet ahead, with inflation expected to reach double digits for the first time since 1980.