Investors remain downbeat on UK despite overall confidence improving

Confidence still lags behind long-term average

clock • 2 min read

Investor sentiment towards the UK remains low amid pressure on incomes, falling growth and an economic climate not "conducive to optimism", Hargreaves Lansdown has found.

The firm's Investor Confidence Index for August saw the UK receive the lowest confidence score of any regional stock markets at 56.8%, even though the overall index climbed seven points to 76 during the month. Senior analyst Laith Khalaf said: "Part of the problem is the economic climate in the UK is not currently conducive to optimism, with growth falling and consumer incomes under pressure. "Ten years on from the start of the financial crisis, investors are also more guarded than they were about letting high spirits get the better of them." Confidence was much higher for the Asia...

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