6 January 2009 Archive

Next shares rise on outlook

Next is confident it will meet its full-year profit expectations

Next has reassured investors trading is on track to meet full-year profit forecasts, sending shares up almost seven per cent in early trading.

UK economy to shrink over 2% in 2009

Recession could last to 2010

2009 should see the UK economy shrink by as much as 2.7 per cent in 2009.

FTSE 100 rises in early trading

FTSE 100 rises in early trading

An optimistic outlook from retailer Next has helped the FTSE 100 extend its rally in early trading.

Marks & Spencer 'to cut 1,000 jobs'

Marks & Spencer is planning to cut 1,000 jobs, reports claim

Marks & Spencer will announce 1,000 redundancies tomorrow, according to press reports.

FTSE continues rally

FTSE 100 extends rally

The FTSE 100 has extended its climb to six days, gaining 1.29 per cent despite gloomy economic forecasts for the year.

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