Shares in the cut-price crafts, books and toys retailer The Works surged more than 40% on Friday after it reported strong trading heading into the critical Christmas retail sales season.
The company, which makes almost all of its annual profits in the festive period, said it was continuing to see a more “positive pattern” of sales after issuing a profit and sales warning in August. The retailer said total like-for-like sales increased 5.7% in the seven weeks to 18 September.
