Paul Moore: London’s a lot hotter than people realise

UK Economic growth has cranked up to its fastest pace in 12 months with the CBI growth indicator showing that businesses are increasingly optimistic about the future. The CBI survey suggests growth has quickened in all sectors, with strong growth for retail, and a big performance for business and professional services – which includes accountancy, legal and marketing firms. Paul Moore, the CIO and founder of PM Capital has recently returned from a trip to Europe and when quizzed on the UK says “It’s stronger than people realise. We actually just came back from Europe and the one thing that surprised me on the strength side of the Economy was London. London’s a lot hotter than people realise.”