Can UK shares shake off the Brexit hangover - and where are the best places to invest now?

Jun 10, 2019, 06:13 AM
Brexit is delayed, companies are delaying investment and there is a consumer and property market slowdown being reported.

On the flipside, wages are rising, inflation is near the 2 per cent target and unemployment is low. 

So, where do investors in UK shares stand? The UK stock market looks decent value but is there more bad news to come that will send shares down or an opportunity to share off the Brexit hangover?

On this episode of the Investing Show, we speak to Fidelity UK Opportunities manager Leigh Himsworth. 

He says that while there has been a hiatus in company investment, the economic backdrop looks quite positive, with low unemployment and rising wages. 

He adds: ‘With the market at the current level it’s actually quite an interesting point to invest in the UK.'

We ask where are the places to profit, where can investors shore against uncertainty and the risk of being hit and what are the companies he is currently backing and why?