Customer

‘Why we are more downbeat on the UK retail outlook’

By 20 January 2025

Clive Black

It’s hard to believe how the mood music of shoppers and retailers has changed since last year’s general election, observes Shore Capital’s Clive Black

A key component of the British retail trade has reported on Christmas 2024 trading and, in the big scheme of things, Marks & Spencer, Next, Sainsbury and Tesco have done all right, with Next even nudging profit guidance up a tad.

 

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