Kingfisher profits slump as UK DIY boom fades
Owner Kingfisher reports a sharp 22.5% drop in half-year profits as post-pandemic demand for home improvement shrinks, with sales falling across its B&Q and Screwfix chains.
Owner Kingfisher reports a sharp 22.5% drop in half-year profits as post-pandemic demand for home improvement shrinks, with sales falling across its B&Q and Screwfix chains.
Australian department store giant Myer reports a dramatic 35% fall in full-year net profit, citing intense competition and cost-of-living pressures. The retailer's outlook remains cautious amidst challenging market conditions.
Exclusive analysis reveals energy firms paid £22bn more to shareholders than rivals in Europe, creating a 'privatisation premium' directly funded by soaring UK household bills.
Chinese online marketplace Temu more than doubled its UK revenues to £1.1bn and saw pre-tax profits skyrocket in its first full year of operation, new filings reveal. Discover the strategy behind its rapid conquest of the British retail market.
Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.
High street giant Primark reports a stellar 46% surge in annual profits, defying economic headwinds. Parent company ABF credits savvy buying and the powerful Oracle retail platform for its success, with NATO's stability bolstering European sales.
A damning new report exposes how major fossil fuel companies are reaping enormous profits while Europe bakes in record-breaking, climate-driven heatwaves, leading to thousands of preventable deaths.
Fashion giant Inditex, the parent company of Zara, posts a 7% surge in sales and a 13% jump in profits, defying inflation and demonstrating the resilience of its business model.
Primark's parent company, ABF, reports a significant surge in sales and profits, driven by post-pandemic demand and new store openings across Europe.
Next's huge summer sale is now live, with massive discounts on women's, men's, and children's fashion, plus homeware and furniture. Shoppers are rushing to grab bargains before they sell out.
Groundbreaking research from UCL exposes how Britain's notorious Victorian workhouses were directly financed by the brutal transatlantic slave trade, forcing a national reckoning with our colonial past.
Exclusive data reveals London's food inflation is significantly higher than the UK average, with major supermarkets facing accusations of profiteering. Discover which boroughs are hardest hit and why.
Exclusive: Turing Award winner and 'Godfather of AI' Geoffrey Hinton predicts a dystopian future where corporate AI profits lead to widespread joblessness and soaring inequality, urging for a radical rethinking of society.
Danish energy giant Ørsted faces catastrophic financial losses, cancelled projects, and massive job cuts as rising costs and supply chain issues cripple offshore wind ambitions.
Shoppers are hailing Next's £64 padded coat as this season's ultimate fashion steal. This cosy, water-resistant winter essential is flying off shelves, offering high-end style without the luxury price tag. Discover why this coat is beating the cold and th
Next has launched its highly anticipated 2024 beauty advent calendars, featuring premium brands like Estée Lauder, Clinique, and MAC. Get incredible value with hundreds of pounds worth of products for just £195. Discover the must-have festive treat for be
Get the exclusive first look at the Next Beauty Advent Calendar 2025. Discover the premium products, release dates, and why this luxury calendar is the UK's must-have Christmas beauty treat.
Next's huge winter sale is here! Discover massive discounts on coats, jumpers, thermals, and home essentials. Don't miss out on these incredible deals to stay cosy for less.
Under Daniel Kretinsky's ownership, Royal Mail reports a dramatic profit surge to £348m, marking a stunning turnaround for the former state monopoly and silencing critics of the controversial acquisition.
Fenix International, the British firm behind OnlyFans, reports record profits as the platform's creator economy continues to thrive, with over 3 million content creators and 250 million users worldwide.
Supermarket giant Asda faces backlash after paying zero UK corporation tax despite £1 billion profits, while its private equity owners extract massive dividends. Labour's Rachel Reeves condemns the 'unfair system'.
UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto
London's FTSE 100 index suffers significant losses as Rolls-Royce shares plummet 9% and Burberry issues profit warning, triggering widespread market anxiety.
A dramatic profit warning from Australian retail titans Woolworths and Coles triggers a historic stock market crash, wiping billions from their value and signalling a major shift in consumer spending.
Nine Entertainment reports a 4.4% profit dip to A$258.3m but signals a bold digital future with major AI investment and the strategic sale of its Domain stake, reshaping Australia's media landscape.
Iconic doughnut chain Krispy Kreme faces a sticky situation as rising costs and shifting consumer habits lead to a surprise sales slump, forcing franchise owners to adapt their strategy.
Shoppers are going wild for Next's adorable Highland cow print fleece jumper, with the viral sensation selling out online in a matter of hours. Get the inside scoop on the knitwear craze and if there's any chance of a restock.
Hundreds of Next customers are racing to stores nationwide to claim free £10 loyalty vouchers before they expire, causing queues and stock shortages.
IWG CEO Mark Dixon remains defiant as the flexible office giant's shares hit a five-year low, dismissing the plunge as automated trading and reaffirming confidence in the company's long-term strategy and booming profits.
Bookmaker Ladbrokes reports a surge in profits driven by high-stakes betting on the Euros and England's Lionesses. Discover how major sporting events are boosting the gambling industry.