Wave of positivity in a number of trade sectors

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    Wave of positivity in a number of trade sectors

    Wave of positivity in a number of trade sectors
    Thursday 11 February 2021 10:29:43 AM15 ViewsClick here for download information on this product

    Whilst there are concerns in many areas of the economy, there is a palpable wave of positivity in a number of trade sectors.

    Not least manufacturing, engineering and construction.

    Businesses are looking to invest because they see the opportunities for growth.

    “Bank braced for a post-Covid spending binge…
    Bank of England governor – Andrew Bailey – believes that once Covid restrictions are lifted Britons will embark on a spending spree and provided the supply side can cope with demand the public are likely to splash out with the estimated £125bn in extra savings they have accumulated since the start of the pandemic. Mr Bailey’s comments echo those of his deputy Ben Broadbent who also anticipates a strong recovery in consumer spending as coronavirus restrictions are eased, although concern over coronavirus variants could dampen demand.”
    Source – The Observer (via Amicus Asset Finance Daily News)

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