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Evening Standard
Evening Standard
Business
Simon English

Hope for the high street as Next profits soar

Next offered hope for the battered high street today as it seemed set to hit profit of £1 billion before long and CEO Simon Wolfson said: “It has been a long time since we started a year in a more positive frame of mind.”

With rents down, costs down and inflation falling, there has been a burst of consumer confidence that could be good for Rishi Sunak’s election prospects, though Wolfson, a Conservative life peer, declined to comment on politics today.

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