Next shows resilience with UK sales rise

Next, Britain's second-biggest fashion retailer, posted first-half sales towards the top end of company guidance, boosted by its online and home shopping business and showing resilience against a tough consumer backdrop. The

Northern Rock cuts losses

Nationalised British lender Northern Rock posted a reduced first-half loss of 78.8 mln pounds ($128 mln) and said it continues to work on plans for its eventual sale back to the private