At long last, positive economic news is coming thick and fast. In the UK, unemployment - the new key to monetary policy - is trending downwards, house prices climbed by around 7.5 per cent last year, consumer sentiment has strengthened, confidence measures are up across manufacturing and services industries, and quarterly GDP growth stood at 0.8 per cent in the third quarter of the year, up from minus 0.1 per cent at the end of 2012.
IC TIP:
Hold