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UK Investor Magazine

The market cheers the Brexit delay but punishes Debenhams for shunning Sports Direct

Mar 22, 2019
07:26

The inevitable can-kick has been made and we will now not leave 29th March despite months of Theresa May promise. Brexiteers and champions of democratic process will not doubt be incensed but the market has cheered the agreement, sending sterling higher. Debenhams has cemented its title as a penny stock with a 45% decline and a market cap of just £20m.


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