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UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says

UK economy in 'a lot better shape' than bleak figures suggest, fund manager says

People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023.

Henry Nicholls | Reuters

LONDON — The U.K. has thus far avoided a widely anticipated recession, and the signs from the business world are that the economy may be holding up better than feared, according to veteran Schroders fund manager Andy Brough.

Figures published earlier this month showed that the U.K. GDP contracted by…


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