Is the UK really a safe haven?

NO - UK FACES MANY CHALLENGES   Richard Marwood, portfolio manager, AXA Investment Managers It wouldn't really be prudent to describe the UK as a safe haven as the UK faces many of the challenges that other western countries are confronting. The UK has a heavily indebted government struggling to rein in a fiscal deficit at a time when the domestic economy is relatively weak and could struggle to recover in the face of increased taxation and reduced public spending. However, the UK does have some advantages relative to other parts of the world, such as control over its monetary poli...