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Gerard Lyons, chief economic strategist at Netwealth: "I expect the UK economy to return to its pre-crisis level during the first quarter of 2022. This is likely to be in-line with other major economies in western Europe, with the euro area back to pre-crisis levels by mid-2022."
Dr Gerard Lyons, chief economic strategist at Netwealth, said that in the UK: “The economy will recover, and in terms of output it will be a good recovery, but the big issue is what happens with jobs."
"Netwealth offers powerful online investment tools which can help you plan for your financial future from the comfort of your own home."
"Gerard Lyons, chief economic strategist at Netwealth, writes: "The jobless rate has already risen from 3.8 per cent to 4.5 per cent, with 1.52 million people out of work. This could climb to three million, reaching levels last seen in the mid-1980s.""
"Netwealth, an investment manager, said more than 70 per cent of those [young people] asked were worried about whether their fund manager gave them value for money."
"Charlotte Ransom, chief executive of Netwealth, said: “As the UK prepares for at least another six months of coronavirus restrictions, it is imperative that the industry takes heed of younger investors’ dissatisfaction during the first lockdown."
"Gerard Lyons at wealth manager Netwealth said: “Too often, the intervention on the help-to-buy side tends in practice to lead to house-price rises.”"
Dr Gerard Lyons, chief economic strategist at Netwealth, says: "Even when we do see that recovery in the economy, I think the big worry and the big focus for this government,...should be the significant rise in unemployment that we are about to see."
