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Moody's: British retailers, beware of fellow European brands

Rating firm Moody's has warned that British retailers will be surpassed by their European peers in 2018 as slowing wage growth and a return of inflation dent disposable incomes. In this report, accessed by ‘The Daily Telegraph’ Moody’s expects brands such as Next and Marks & Spencer to suffer from “anaemic growth or even a contraction of...

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