Britain's Workspace posts lower annual profit, sees subdued market ahead
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(Reuters) - Office-space provider Workspace Group Plc said on Friday its annual profit nearly halved due to a small dip in property valuations after a steep jump a year ago, while also predicting more trouble ahead after a sharp fall in new business enquiries since March.Office-space operators have struggled with rent payment defaults in the March quarter as the lockdown to curb the spread of the novel coronavirus led companies to adopt work-from-home policies.These operators are now banking on..