The FTSE continued its great form today and gathered a further 17.2 points to 5,099.3 points, after a report suggested there might be light at the end of the tunnel regarding the recent dip in consumer spending.
The high street Fashion retailer Next Next and surged 49p or 3.4% to £15.12 on the back of this report, while Kingfisher also profited 6.75p to 251.5p. High street technology retailer Dixons also climbed on the bandwagon, tallying 4.25p to 159.25p, along with Boots which picked up 15.5p to 613p at the markets close a short while ago. Dixons announced plans to cut costs by about £30m during 2005, with a downturn in UK consumer spending and Italy, along with an increase in store rent. The firm announced it would cut an unspecified number of jobs at its head office in Hemel Hempstead, wh...
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