Converging currents of Eurozone economic data from Germany, France, Belgium, Austria, Italy and the Netherlands combined with a Greek Election on 25th January 2015 and the falling oil price have combined to produce a perfect January storm that has investors racing for shelter.

How this will impact on the UK during the coming months is interesting, particularly as the UK General Election is scheduled for 7th May 2015 and Parliament will be dissolved on 30th March 2015. Investors will be eagerly anticipating the outcome of this election which will undoubtedly impact on investment decisions in the UK both before and after May 2015.

The UK has traditionally provided a safe haven for investors particularly most recently in the high end London residential property market. Will this continue, particularly in view of the economic turbulence in Russia and the Eurozone and in the face of the forthcoming UK election?Investors may seek to divert their attention beyond London to the regions.Predictions for growth in regions beyond London in the short to medium term appear promising particularly in the light of the £15bn proposed infrastructure investment earmarked for the`Northern Powerhouse’ as detailed in the Chancellor’s Autumn Statement. However, it is likely that much will depend on whether and how the existing `storm' abates and the outcome of the UK General Election in May.