CityAM
A sell-off affecting some of the UK’s largest retailers has extended into a second day, after an analyst warned the spectre of higher taxes in the Autumn Budget, a softening labour market and sticky inflation will dent consumers’ spending habits. Shares in AB Foods, Wickes and B&Q-owner Kingfisher all shed between one and 1.5 per …
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Retailers’ woes stretch into second day after bearish Deutsche note
Ali Lyon
22:22
A sell-off affecting some of the UK’s largest retailers has extended into a second day, after an analyst warned the spectre of higher taxes in the Autumn Budget, a softening labour market and sticky inflation will dent consumers’ spending habits. Shares in AB Foods, Wickes and B&Q-owner Kingfisher all shed between one and 1.5 per
