
Investors’ confidence in the UK soared in May after being crushed by “awful April” fears about the impact of higher taxes and bills on growth as well as worries over the effect of US tariffs.
A survey of investors by Hargreaves Lansdown (HL) platform found confidence in the UK rebounded faster in the month than almost anywhere else in the world. Investor confidence among HL clients was up 70% compared with April. Confidence in UK economic growth increased at an even quicker pace, rising 85% on the previous month.