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The Nexus
BUSINESSJun 10 · 07:09 UTCTHE GUARDIAN WORLDMark Sweney

WH Smith to raise £100m as it warns on profits due to Iran war

WH Smith plans to raise £100m to strengthen its finances and shut unprofitable stores after a decline in airport shopper numbers linked to the Middle East conflict. The retailer issued a profit warning due to reduced consumer activity in US airports amid the war.

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