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Sunday share tips: JD Sports, CYBG, DekelOil
JD Sports Fashion shares should be avoided, recommends the Sunday Times' Inside the City column, noting that they can be bought for close to 17 times forward earnings. The trainers and 'athleisure' clothing retailer, led by executive chairman Peter Cowgill, has seen its valuation soar fivefold to almost £4bn.
Sunday newspaper round-up: UK growth, Brexit, banks, diesel, Tesco
Britain is on the verge of an export and spending boom as economists rule out the likelihood of a slowdown this year. The EY Item Club has predicted strong global growth combined with the weak pound will send overseas sales soaring, giving businesses the confidence to ramp up investment, with a surge in foreign demand and domestic business investment reinforcing growth even as inflation dents households’ spending power. - Sunday Telegraph.