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World

Why John Lewis’s profits have soared

14 March 2025

12:19 AM

14 March 2025

12:19 AM

Growth has ground to a halt, manufacturing is collapsing, and the government is desperately scratching around for ways to save some money so it can balance the books. There is not much to make anyone feel optimistic about the state of the British economy right now. Except, that is, for the healthy performance of the UK’s traditional, mid-market retailers.

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