Next plc says it has increased its estimated costs related to the Middle East conflict. In March, the retailer had provided guidance based on an estimated £15 million cost. The company now estimates the impact to be £47 million, reflecting higher costs associated with its exposure to the conflict area. The additional cost estimate is linked to the wider disruption and expense pressures associated with the situation, affecting the company’s overseas operations. While the reports focus on the updated figure, they do not detail how the costs break down between specific operational categories, such as logistics, supply chain disruption, or other merchant activities. Both outlets report the same change in the company’s estimate, presenting it as an update to prior guidance rather than a statement of final losses. The update indicates that Next’s cost outlook tied to the conflict has worsened compared with the earlier range provided to the market in March.