Is now the time to invest in post-Brexit Britain? – Pocketful of Dirhams
Stephane Monier of Swiss Bank Lombard Odier shares his investment outlook for the UK
The UK left the European Union on January 1, more than four years after the country voted to leave the economic bloc in a 2016 referendum.
Britain’s exit from the EU comes at a very challenging time for the country’s economy. Not only are businesses adapting to a series of new rules from the trade deal, they are also enduring a third national lockdown in England as the surge in Covid-19 cases intensifies.
Britain’s economy is expected to contract by about 11 per cent in 2020 because of the effects of the pandemic, with the recovery in the first half of this year set to be very limited.
Despite all the gloom, the benchmark FTSE 100 Index secured its best start to a year on record. So, does post-Brexit Britain present a lucrative opportunity for investors?
Host Alice Haine is joined by Stephane Monier, chief investment officer at Swiss Bank Lombard Odier, who guides listeners through the investment opportunities post-Brexit Britain presents.
Listen to last week's episode to find out whether Bitcoin’s value can really surge to $400,000 or higher:
Updated: January 13, 2021 10:20 AM