Take a bet on this infrastructure specialist

Morgan Sindall will profit from higher infrastructure spending as we emerge from lockdowns. Matthew Partridge picks the best way to play it.

Tideway sewer engineers
The Tideway Super Sewer is designed to help clean up the Thames
(Image credit: © PA Images / Alamy)

Over the next few months, most – if not all – of the restrictions imposed to deal with Covid-19 are due to be lifted. However, this leaves the question of how we are going to repair the economic damage; GDP slumped by almost a tenth in 2020. Part of this recovery will take place naturally thanks than to pent-up economic demand and people spending the money saved during lockdown.

But with the Office for National Statistics estimating that the unemployment rate will rise to 7.5%, there will be a need for additional measures, such as infrastructure spending, to stimulate the economy. Late last year Boris Johnson said the government planned to allocate £100bn to roads, bridges and other projects over the next five years.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri