Tim Brown

Tim Brown is head of strategy at investment consultancy Jewson Associates, having spent most of his career at Philips & Drew. He is a qualified chartered accountant and has over 30 years' experience in UK and international markets including company research, equity sales and strategy, portfolio management and asset allocation.

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Time to get real?

Tim Brown
29 May 2009

Tags: Budgeting

With GDP plunging, Tim Brown finds comfort in equity yields. The race is on! Last autumn the IMF forecast that UK GDP would fall by 0.1 per cent in 2009; by the turn of the year independ-ent forecasters were suggesting a decline of around 2 per cent; in the Budget on 22 April the Treasury suggested a fall of 3.5 per cent and now the Bank of England has now sug-gested a fall of maybe 4.5 per cent.

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