Britain's Headline Index Looks Cheap Compared to History

UK stocks might be struggling for a reason, but there’s potential long-term value there

Rishi Sunak, potentially the UK’s third prime minister this year

Photographer: Chris Ratcliffe/Bloomberg

Welcome to Money Distilled. I’m John Stepek. Every weekday I look at the biggest developments in the world of markets and economics, and explain exactly what it all means for your money.

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