Commenting on monthly UK GDP dropping 2.6% in November
Dear Kizzi, The dip in output for November will not come as a surprise as…
Dear Kizzi,
The dip in output for November will not come as a surprise as the majority of the country went into a second lockdown, and we are likely to continue to see fluctuation as the economy continues to grapple with varying restrictions, with the hospitality and leisure sectors the most likely to continue to be directly affected by these measures. Whilst economic contractions are unsustainable in the long term, we do expect GDP to trend upwards as the vaccination programme is rolled out and restrictions are consequently eased. In the meantime however, it has been reassuring to witness that investor confidence remained positive during this period of tighter restrictions, particularly in the early-stage venture capital sector, with interest in Deepbridge’s technology and life sciences companies seeing record inflows for Q4.
Ian Warwick, Managing Partner at Deepbridge Capital
Kizzi Nkwocha is the editor of Business Game Changer Magazine and publisher of The Property Investor and Money and Finance Magazine, the net’s fastest growing wealth creation publication. Kizzi Nkwocha made his mark in the UK as a publicist, journalist and social media pioneer. As a widely respected and successful media consultant he has represented a diverse range of clients including the King of Uganda, and Amnesty International. Nkwocha has also become a well-known personality on both radio and television. He has been the focus of a Channel 4 documentary on publicity and has hosted his own talk show, London Line, on Sky TV. He has also produced and presented both radio and TV shows in Cyprus and Spain.
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