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The British Companies Expected to go from Strength to Strength in 2021

The UK might be small, but what it lacks in size, it makes up for when it comes to the growth, strength, and dominance of some of its companies. While the last 12 months have been challenging for many businesses, some UK companies have managed to buck the trend, exhibit continued growth, and provide promising investment opportunities for 2020.

The British Companies Expected to go from Strength to Strength in 2021

Healthcare 

Not surprisingly, one of the sectors that have weathered the last year well is the healthcare sector. AstraZeneca is a British-Swedish pharmaceutical and biopharma company headquartered in the UK. Its stocks rose considerably in the last six months following its development of a vaccination against the novel coronavirus, COVID-19. As the rollout of the vaccination is set to continue for the foreseeable future, the company expects to witness unprecedented growth in both the short term and long term.

Another success story in the healthcare sector is GlaxoSmithKline. One of the world’s leading pharmaceutical companies, it also witnessed stability in 2020 due to its provision of treatments and medicines in the fight against COVID. Many other drug approvals and ongoing work on coronavirus vaccines mean it will continue to be a high performer in the coming months.

These increases in the value of shares in healthcare companies have attracted a new generation of traders and investors. New signups to trading sites increased by hundreds of per cent, and Google searches for information relating to trading soared. Sites like Trade360 saw increased demand for stock trading, CFDs, and Forex trading information and services, especially those related to the UK and international healthcare companies.

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Food and Delivery Services

It’s not surprising that 2020 saw increases in the value of companies offering delivery services. For example, Just Eat performed well throughout the second half of the year and saw shares soar as more people started using their services more often.

Supermarket giants Tesco and Ocado also had a positive year. Despite physical stores shutting down, a boom in online shopping and home delivery helped keep them profitable.

Telecoms and More

In telecoms, Vodafone came out on top due to more people using their mobiles for video calling, messaging, and telephoning friends and loved ones. It was also boosted due to an increase in people wanting high-speed internet for streaming, and additional television packages.

Last but not least, online property database Rightmove enjoyed a bumper year. In June, the UK government announced a stamp duty holiday for values of up to GBP 500,000. This led to a huge increase in people looking to purchase homes and save themselves money on taxes. Rightmove reported an increase of up to 136% in some areas including Milton Keynes, Borehamwood, Hertfordshire, and Surrey.

These results show that there is hope for the British economy recovering in the next 12 months. The performance of British owned and based companies will also impact the strength of the pound in a complex post-Brexit landscape. This is good news for investors both amateur and professional who want to invest or speculate on growth in the coming year.

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