The London Rush

Next Signals Price Hikes on the Horizon if War Drags On

Next expects £15m impact from war; Brits’ confidence drops to lowest since Starmer
Photographer: Chris Ratcliffe/Bloomberg
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Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories.

Next has given an early indication of just how much damage the war in the Middle East could inflict on British retailers.