FTSE continues upward surge

The FTSE 100 Index held on to its New Year rally today as retail cheer helped offset more bad news for the economy.

The FTSE 100 Index held on to its New Year rally today as retail cheer helped offset more bad news for the economy.

Christmas trading updates from Next and Debenhams eased nerves in the retail sector and helped the FTSE secure its sixth straight day of gains.

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