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Shares of smaller companies that have lagged for most of 2023 are drawing investors on both sides of the Atlantic, as they weigh the benefits from an expected fall in interest rates next year...
Investors weigh the expected fall in interest rates against economic downturn worries
Shoppers on Regent Street in central London.
Boohoo saw its revenue slip in the run up to Christmas and warned that the demand outlook remained uncertain due to macroeconomic factors.
Sainsbury’s has warned it faces a “really challenging” year ahead as the industry battles rising costs and a squeeze on household budgets.