An extended post divorce honeymoon period for UK economy - PFP Wealth Management
‘UK economy is not out of the woods yet’ was the message that came through from the Thursday’s edition of the Finance show. Experts said the ‘honeymoon’ period may not last long given the rising inflation and the FX volatility will hurt spending and investment in 2017.
However, Tim Price, Director of PFP Wealth Management begs to differ from the popular opinion. Price makes a compelling case in favor of those who believe the post divorce boom in the UK economy is here to stay for a long time.
This segment is hosted by Tip TV’s Zak Mir. Price and Mir expect the devaluation of Pound to help improve UK’s trade situation by leaps and bounds. Price says the export sector is likely to be buoyed by the weakness in Pound. This is a commonly stated argument, but Price takes it a step further by making an interesting observation…i.e. domestic sector too is likely to get a boost from the boom in export sector.
Take a look at this segment O doubters…UK is set for an extended period of boom outside EU!
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