The Footsie began the morning higher as traders digested a surprisingly dovish set of macroeconomic projections from the US Federal Reserve overnight which set off sharp moves in all asset classes. At 09:15 the top flight index was 16 points higher at 6,961.30. As expected, the US central bank omit
Read more** Next dives off a record hit Weds on cautious outlook for 2015-16 ** Stock, down 5.2 pct, poised for biggest one-day drop since Sept 2012, easily the top faller on FTSE 100 & most actively traded stock on index ** Says while GB consumer economy looks benign, some collections not as
Read moreThe UK's blue chip index is expected to tack on between 13 and 17 points to yesterday's large gains, financial bookmakers said, as traders digest and react to the surprisingly dovish policy statement from the US Federal Reserve overnight. The US central bank opted to omit any reference to being "pat
Read moreBritish clothing retailer Next reported 2014 pretax profits up 7.2%, which is at the top end of its range, as the group benefited from improving consumer confidence. Group store and online pre-tax profit rose to £782.2m from £695.2m, which is at the top end of expectations set in December when group
Read moreLONDON, March 19 (Reuters) - British clothing retailer Next met guidance with a 12.5 percent rise in year profit, powered by sales growth at both its stores and Directory internet business. The firm, which trades from over 500 stores in Britain and Ireland and almost 200 stores overseas, s
Read moreFashion retailer Next reports its full-year results on Thursday with analysts expecting an increase in earnings, supported by online sales. In December the company increased its full-year profit guidance to "£10m either side of £775m" - £5m ahead of the mid-point of previous guidance - saying that s
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