A record year for smaller companies is coming to an end with the prospect of more to come next year....
A record year for smaller companies is coming to an end with the prospect of more to come next year. Why so? The drivers of this year's performance are still in place and are likely to accelerate next year. The economic upswing, confirmed by the Chancellor's recent conservative forecasts, will continue with growth rising further in 2001. This will be underpinned by continuing low inflation with interest rates rising modestly but still at historically low levels. The valuation gap between smaller and larger companies, despite this year's strong performance, remains with small caps still ...
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