Virgin Money 'optimistic about investment environment'

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Virgin Money 'optimistic about investment environment'

Research by Virgin Money suggests there are several positive signs for investors to appreciate with regards to the new coalition government.

Spokesperson for the firm Grant Bather made his remarks after it was revealed by the organisation that 17 per cent of IFAs believe the result of the general election will lead to higher investment, while 51 per cent claimed it will not make a difference.

He suggested a lot will depend on what happens on June 22nd, when chancellor George Osborne unveils his emergency budget, but his view is that the new government has been given "early backing" by investors.

But Mr Bather added: "Retail sales of investment funds have hit record highs with the best quarter on record in 2010, so it is almost inevitable that we might see a pause for breath."

Recently, the Virgin Money investments representative highlighted the optimism surrounding emerging markets and the importance of economic activity in the Far East.

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