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SVM Asset Management say economic survivors of 2020 could see 'sharp recovery'

SVM Asset Management's Colin McLean talks to Proactive London about what to expect economically for the year ahead.

Mclean says there is an expectation that 'the survivors could see a pretty sharp recovery'. Even in the areas that have been very badly hit such as airlines, with companies such as Ryanair and Whizz, which have seen 'a lot of competition fall away as well as a huge pent up demand for travel and hospitality and a high level of savings for those people who have been able to carry on working'.

He goes on to say that the survivors will be able to move their pricing up quite a bit as well. He discusses the high street's Next which has been able to survive and continues it's transition online.

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LSE:SVM
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on 25/9/20

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