Confidence in UK financial system 'at highest since 2008'

clock

Confidence in the UK economy has hit a post-crisis high despite soaring valuations pointing towards a correction, according to the FT.

Executives interviewed by the Bank of England (BoE) were more optimistic about the buoyancy of the system than at any other time since 2008, the paper said. However, they did highlight dangers such as rising house prices and geopolitical crises such as the ongoing political instability in Ukraine. The report said the confidence peak comes at a time of record highs for equity values, which have triggered some experts in the City to warn of "complacency" among respondents. UBS senior independent economic adviser George Magnus said the “unholy trinity” of rising share prices, very low bond ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Reeves warns 'unwise to speculate' on Iran conflict's impact on UK economy

Reeves warns 'unwise to speculate' on Iran conflict's impact on UK economy

Treasury Committee hearing

Michael Nelson
clock 11 March 2026 • 2 min read
Fahad Hassan: Gulf crisis reshapes inflationary outlook

Fahad Hassan: Gulf crisis reshapes inflationary outlook

'This is an old-fashioned economic shock'

Fahad Hassan
clock 10 March 2026 • 3 min read
Spring Statement 26: Key takeaways from Reeves' latest fiscal update

Spring Statement 26: Key takeaways from Reeves' latest fiscal update

Markets digest uneventful Statement

Linus Uhlig
clock 04 March 2026 • 4 min read