UK growth and markets set to outperform as rate cuts loom
• Expect first UK interest rate cut in May, triggered by falling inflation • UK growth outlook to be upgraded from 0% to 0.5% for 2023 • UK business confidence very high based on purchasing managers' indices • UK growth could outpace US, definitely to outpace Germany and Eurozone • Pound and UK markets undervalued currently, could see gains if outlook improves