Threadneedle accuses KKR of ‘ram raiding’ UK equities in fallout from IQGeo bid
KKR has been accused of using an aggressive approach to takeover IQGeo.One of the City’s best known asset managers has...
archiveColumbia Threadneedle
The problem with the UK’s economic recovery
Markets have been too negative on global economic prospects but the UK could be a laggard when it comes to a recovery, economists and investors have suggested.Steven Bell, chief economist at Columbia Threadneedle, said consumer confidence had been very low in Europe and the UK due to concerns about the impact of higher energy costs, but could rise over the year - albeit more swiftly on the continent than in the domestic UK market.According to Bell, energy subsidies mean the issue has not had as profoundly negative an impact as originally feared. Therefore,...