Next news boosts Footsie

The FTSE 100 Index powered through the 5700 mark today as the retail sector came into focus on the back of an upbeat Christmas trading statement from Next.

The FTSE 100 Index powered through the 5700 mark today as the retail sector came into focus on the back of an upbeat Christmas trading statement from Next.

Shares in the high street fashion chain jumped 8% after it said annual profits would be better than expected on the back of improved sales over the festive season.

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