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Market reaction and business news on Wednesday ahead of the government’s spending review
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The FTSE 100 closed just short of a new record high yesterday, but Wednesday brings a new set of factors which may sway investor sentiment, including Rachel Reeves detailing her spending review, which is expected to included £5bn in cuts.
Final results are due from the likes of Revolution Beauty - under the microscope with Frasers recently - while overnight markets in Asia reacted by pushing higher after another day of trade talks in London between Washington and Beijing.
