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Next lifts profit guidance after £38m Christmas sales boost
UK fashion retailer Next lifted annual guidance for the fifth time in seven months after full-price sales came in a massive £38m more than expected during November and December, but warned that attacks on shipping in the Red Sea could cause supply delays.
Europe close: Shares rally as US jobs data sparks rate cut hopes
European shares staged a late afternoon rally to close higher on Thursday as investors shrugged off boiling tensions in the Middle East, as US job market figures helped boost hopes of early rate cuts this year.
Sunak sees election 'in second half of 2024'
UK Prime Minister Rishi Sunak said he expects a general election to take place in the second half of next year after weeks of speculation that he would call an early poll in May.
Europe open: Shares rally despite MEast worries; Evotec, JD Sports slump
European shares rallied at the open on Thursday as investors shrugged off boiling tensions in the Middle East.
Europe midday: Stocks trim gains after weak EZ PMI; JD Sports tanks
European shares trimmed gains at the open on Thursday as investors shrugged off boiling tensions in the Middle East, but downbeat eurozone survey data weighed on sentiment.
Eurozone business activity still subdued, points to recession - PMI
Business activity in the eurozone continued to contract at the end of last year, with survey data published on Thursday indicating the single currency bloc went into recession.