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The Independent UK
The Independent UK
Business
Karl Matchett

Next show how to overcome Budget concerns but 2025 could be ‘bloodbath’ for UK retail

UK retail outlet Next has posted another rise in sales ahead of expectations over the Christmas period, but warned that a price increase is on the cards for 2025 as it looks to overcome raised costs following last year’s Budget.

The company also noted it expects its own growth to slow this year and cautioned the same will be true countrywide as shops and organisations lift prices, causing a slowdown in consumer spending.

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