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Peel Hunt downgrades profit forecasts for six retailers due to Budget impact
Investment bank Peel Hunt has downgraded its profit forecasts for six retailers, including struggling fast fashion player Boohoo and cycling and motoring specialist Halfords, due to the effects of changes to national insurance made in the recent Budget.
Matalan bolsters top team with new hires after Whitfield exit
Fashion retailer Matalan has bolstered its top team with two new senior hires as it continues on a strategic turnaround following the shock departure of chief executive Jo Whitfield last month.