The Big Question: Will the UK suffer a triple-dip recession?

THE BIG QUESTION

clock • 6 min read

Economists have warned the UK could suffer a triple-dip recession next year after the recovery effects of the Olympics wear off. But do fund managers agree?

Matthew Page Co-manager, Guinness Global Equity Income fund   Volatile gdp growth While we do not attempt to forecast short-term movements in GDP growth, we expect GDP growth in Western economies to remain below the trend growth rate for the next 3-5 years. We also believe that fluctuations in GDP growth are likely to be more volatile, meaning economies such as the UK will be fairly regularly flirting with recession. The UK economy is closely linked to that of the eurozone. For as long as uncertainty remains over the future viability of a single currency without fiscal union, rec...

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