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ShoreCap downgrades Capita, cites impact of NICs changes

By Michele Maatouk

Date: Thursday 14 Nov 2024

(Sharecast News) - Shore Capital downgraded its stance on Capita on Thursday to 'hold' from 'buy' ahead of detailed guidance on the potential negative impact from changes to National Insurance contributions announced in last month's Budget.
The broker said the processed based outsourcer is "materially" exposed to the UK and to...

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