Former star fund manager, Neil Woodford, who presided on one of Britain’s worst investment scandals, has revamped himself as an economic commentator. He says there are “reasons to be cheerful” about the UK’s economic outlook.

Last week, he launched a new economic and business website called In his first piece, he said that with a 2% average growth between 2010 and 2019, the UK had not been a “serial underperformer”. This was ahead of France and in line with Germany, but behind America. He anticipates that two more “reasons to be cheerful” pieces will follow.