UK's Next, Tesco and Sainsbury's are Festive Winners but Sector Slowdown Looms
Britain's largest retailers including clothes group Next and supermarkets Tesco , Sainsbury's and Lidl were the big winners at Christmas, ahead of what is set to be a tough 2025 marked by spending restraint and tax rises.
Britain's economy has struggled to grow in recent years and companies are now bracing for the new Labour government's solution - a hike in employer taxes to invest in infrastructure and public services, but which bosses fear will lead to higher costs and lower hiring...
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