High Street Bellwether Next Lifts Guidance Despite Rising War Costs, Prices
Robust demand at Next outweighs rising costs; Diageo’s silver linings
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Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories.
Next has managed to raise its full year profit guidance by just a smidge, sticking to what it’s known for. That was after strong demand boosted first-quarter sales. So far, so good.