Five stocks to buy and profit from the summer of strikes

Mr Burgeman added: “Greggs  has been another victim of the economic pressures this year. The bakery chain warned about staff shortages in October and the shares are down more than 40pc.”  

However, market consensus suggests that investors could still profit off all three stocks’ potential to bounce back when the economy improves. 

Dan Boardman-Weston, of the wealth manager BRI, said: “Over the past 40 years, FTSE 250 companies have massively outperformed the FTSE 100 because they are more dynamic and faster growing,” he said. 

“They may be more sensitive to the economic challenges that Britain is facing at the moment, but over the long-term they have proved that they are better for growth.”

Andy Merricks, a fund manager at 8am Global, warned that investors looking for more stable growth for the remainder of the year should turn back to the American stock market instead.

“The ‘value’ revival at the start of the year, which buoyed unloved British stocks, is done. The rotation has run its course, and a recession looks very likely. Investors will now start turning back to defensive companies with steady growth.”