In a trading statement, Next said full-price sales came in 10.6 per cent ahead of last year, supporting a boost to its profit before tax guidance for the year by £15mn. This brings the total to ...

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Why winning the UK matters for BYD

The UK is a small EV market in absolute global volume terms, with a few hundred thousand battery electric registrations a year against China’s millions. Even BYD’s sixfold surge in sales here last ...

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FTSE 100 posts best day in six months as stock market rally continues – as it happened

Rolling coverage of the latest economic and financial news, as shares in London hit new peak ...

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High street giant Next has bumper Christmas but remains cautious amid worsening UK jobs market

The company believes it will have a pre-tax profit of £1.15bn for the year to 31 January, £15m more than expected, thanks to strong sales in the run-up to Christmas.

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Chinese brands boost new car sales back above 2mn in UK

Sales of new cars in the UK topped 2mn for the first time since before the pandemic as BYD and other Chinese brands increased their share in Europe’s second-largest electric vehicle market.

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