Marmitegate was just the beginning: Experts warn spat was 'thin edge of the wedge', so should investors stick with supermarkets and retail?



Supermarket giant Tesco scored a PR victory last week in the Marmitegate spat with consumer brands titan Unilever, but investors need to weigh up just how the falling pound will hit supermarkets and other retailers, say experts.
The weak pound has prompted rejoicing among investors in many of the largest London-listed companies, who will see their overseas earnings inflated. This has  boosted the FTSE 100 through 7,000 and delivered an all-time trading high.
But the flipside of these inflated earnings, as well as competitive exports, is additional pressure on importers, who are having to... read more

 
17 October 2016 in Business, Views: 38
Source: Daily Mail
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