CITY VIEWS: IS THE UK BEGINNING TO EMERGE FROM THE RECESSION?
MARK WARBURTON 7FIFTYTWO SOLUTIONS
“It’s a bit of a false dawn. We’re seeing an uplift but its just confidence coming from the first quarter of the year. There will still be uncertainty about jobs for instance. When the jobs market starts flowing again it will be a sign that things are improving.”
ALLISTER AUGUSTIN ABN AMRO
“When you look at how the market stands and when you look at manufacturing, you realise it is far from over. I’d say we’ve got another year and a half to go. There are some good trends in the housing market but I can’t see things coming back for a while yet.”
DAVID BROWN ING
“The end is when we start to see jobs becoming available again and when people start spending more. I don’t see any of that happening at the moment. Retail sales are down and there’s definitely a scarcity of jobs. The positive signs just aren’t there right now.”