Ducks in a row- income outlook strong

We have published our UK Equity Income Monitor outlining our thoughts on equity income growth. The environment is about as positive as we can remember aided by continuing earnings growth and good momentum, the translation benefit from Sterling weakness and critically no end in sight to an accommodative monetary policy. The note looks at the outlook for bond yields, earnings momentum and Sterling and examines income trends across sectors. We conclude with a screen looking at income growth and positive earnings momentum. Please do not hesitate to contact me if you would like a copy of the note.