Rolling coverage of the latest economic and financial news, as City investors anticipate tax rises in Rachel Reeves first budget
- Reeves to promise ‘wealth and opportunity for all’ in major tax-raising budget
- From capital gains to NICs: tax changes to look out for in autumn 2024 budget
The cold snap this autumn has helped drive sales at retailer Next, putting it on track to make more than £1bn profits this year.
Next has raised its guidance for profits this year to £1.005bn, up from £995m previously, after selling more stock than expected in the last three months.
We believe the strong performance was driven by the early arrival of colder weather this year, versus an unusually warm September and early October last year.
Continue reading…Rolling coverage of the latest economic and financial news, as City investors anticipate tax rises in Rachel Reeves first budgetReeves to promise ‘wealth and opportunity for all’ in major tax-raising budgetFrom capital gains to NICs: tax changes to look out for in autumn 2024 budgetThe cold snap this autumn has helped drive sales at retailer Next, putting it on track to make more than £1bn profits this year.Next has raised its guidance for profits this year to £1.005bn, up from £995m previously, after selling more stock than expected in the last three months.We believe the strong performance was driven by the early arrival of colder weather this year, versus an unusually warm September and early October last year. Continue reading…
