Timing the technology comeback

UK base rates have fallen from 6% to 5% since the start of the year but so far the London equity market has been unimpressed. A double-digit negative return is not the stuff to fire investors' enthusiasm, so are there any grounds for optimism looking further ahead? The UK market has laboured against the gloom affecting other parts of the world, but the prospects for the UK economy look encouraging. The buoyancy of the housing market and high street are evidence of the robustness of the consumer. As this is challenged by a slowdown in employment and wage growth, government spending '...