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UK braced for prolonged period of measly income

UK braced for prolonged period of measly income

Just over a third of FTSE 100 companies have trimmed their dividends so far in 2020 and, by the end of the current financial year, a further 46 cuts are expected to have been made. The situation is even worse in the FTSE 250, where 41 per cent of companies have already cropped or cancelled their payouts, with a further 86 cuts forecast by the time the year is up.

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