Outlook on the United Kingdom: October 2023
Lazard's Outlook series provides a forward-looking view, over the short, medium, and/or long term, of asset classes, sectors, regions, or countries from the view of Lazard Asset Management. In this edition, LAM portfolio managers share their outlook for the United Kingdom in Q4 2023.
- Revised growth data and falling inflation point to a somewhat better performance from the U.K. economy than previously perceived.
- Growth in real incomes is slowly easing the pressure on consumers.
- U.K. stock market valuations remain excessively pessimistic.
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