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3rd August 2021

AXA IM: What does the delayed reopening mean for UK shares?

Despite being technically able to trade, June has brought a raft of difficulties for businesses in sectors such as tourism and leisure sector. A delay to the lifting of COVID rules means pubs and businesses continue to face tough trading, while the decision to move Portugal to the ‘Amber’ travel list has damaged public confidence in overseas holidays, possibly with implications for the rest of the summer.

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