UK must fall to attractive levelin order to recover

At the present time, the UK market is not only having to grapple with the current crisis in the Middle East but there is also a high degree of uncertainty over the economic outlook, warns Geoff Miller, head of Exeter's equities team. Recent US economic data has been weak and suggests there is a possibility the economy may slip back into recession. Our view is that the interests of investors are best served by sticking with companies with sound finances and non-cyclical growth prospects. Companies with low levels of debt, preferably with a high degree of asset backing, and strong ...