Retailer warns that growth this year will be slower amid continuing pressures on UK employment
Business live – latest updates
The high street retailer Next expects its annual profits to top £1.1bn after it rang up much stronger sales than expected over Christmas – but it has warned that 2026 will be tougher amid “continuing pressures on UK employment”.
The clothing and homewares retailer said it was improving annual profit forecasts by £15m, its fourth upgrade in nine months, after UK sales rose by 5.9% in the nine weeks to 27 December, far stronger than the 4.1% expected.
Continue reading…
Source link : https://www.theguardian.com/business/2026/jan/06/next-profits-festive-sales-uk-employment
Author : Sarah Butler
Publish date : 2026-01-06 08:02:00
Copyright for syndicated content belongs to the linked Source.
