CITY VIEWS: DO YOU AGREE THAT WE’RE NOT OUT OF THE WOODS YET ?
ANDY HEARN BANNERMAN RENDELL
“I don’t think we are over the worst of it yet. There is still not a lot of public confidence. Unemployment continues to weigh on peoples’ minds and while there are still job cuts I don’t think we can begin to say we’re near a recovery.”
CHARLES RAWLINS ACE INSURANCE
“I think this public optimism is a blip. Considering how catastrophic it has been I think people are getting too carried away and clinging on to bits of good news. People want the economy to improve, so traders can push prices up again.”
DERREN LLEWELLYN M&G INVESTMENTS
“There is plenty more bad news to come, I think it’s a bit of a false start. People are getting carried away and they are not looking at the actual economic problems. There’s no way the economy will have a rapid recovery.”
SEBASTIAN MUKKADAN WILLIS
“I believe the UK economy is still very fragile. There are still unemployment fears and concerns over inflation. While in other countries there’s a concerted effort to find a solution, the UK has different parties with clashing remedies.”