As a result of the recent shake-out in the UK equity market, investors' traditional requirement for ...
As a result of the recent shake-out in the UK equity market, investors' traditional requirement for income has come to the fore again, having been temporarily eclipsed by the focus on the rapid growth prospects offered by certain sectors of the market. The recent correction was prompted largely by investors concerns over the unjustifiably high valuations of some technology stocks, most notably dot.com stocks. However, the market's decline has been indiscriminate, and as a result, companies with strong franchises have been affected as severely as those with little more to offer than hot ai...
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