British retailer of fashion and home goods, HQ in Enderby, ~700 stores across UK and Europe
A new weight‑loss pill version of semaglutide has launched in the UK for private prescriptions, offering an alternative to injections. The tablet requires strict dosing and a fasting routine and is not yet NHS‑funded. Several outlets warn about counterfeit pills as access broadens.
July retail activity across the UK shows mixed momentum. Food and hospitality have benefited from warm weather and England’s World Cup run, while non-food and big-ticket categories lag. Card spending is higher than a year ago, and consumer demand remains fragile as inflation and costs weigh on shoppers.
Harvey Nichols has been put up for sale and is undergoing a turnaround led by Frasers Group. The six-storefront estate, including Edinburgh’s flagship, will continue operating while a broader restructuring is pursued, with potential integration of Flannels and the wider Frasers luxury ecosystem.
A block of UK indicators shows services activity expanding and consumer confidence firming, while manufacturing remains modest. PMI readings point to continued growth in Q3, supported by tech investment and exports, though inflation and public finances remain a risk.
The Employment Appeal Tribunal has allowed Next to justify paying warehouse workers higher basic pay than shop staff, citing recruitment and retention costs. The decision affects thousands of claimants and follows years of litigation, with Leigh Day planning an appeal on several points including night-time pay and rest breaks.
Next has raised full-year profit guidance for the fourth time this year, citing strong half-year performance aided by unusually warm summers. Morrisons reports robust quarterly trading, while Jigsaw showcases momentum, with online growth and international expansion under a turnaround plan.