Profit upgrade at Next raises hopes UK shoppers still keen to spend

The GuardianWednesday, October 29, 2025 at 11:15:35 AM
Profit upgrade at Next raises hopes UK shoppers still keen to spend
Next's recent profit upgrade has sparked optimism about UK consumer spending, revealing that sales and profits have exceeded expectations. The retailer attributed this growth to favorable summer weather and a temporary online shutdown of rival Marks & Spencer due to a cyber-attack. This news is significant as it suggests that despite economic pressures, consumers are still willing to spend, which could indicate a resilient retail sector.
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