Kingfisher profits beat forecasts as DIY boom continues
Kingfisher, owner of B&Q and Screwfix, reports better-than-expected profits as UK consumers continue DIY and home improvement projects, defying economic pessimism.
Category : Search result: General Motors profits
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.
Myer Profits Plummet 35% in Challenging Retail Climate
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.
£22bn Energy 'Privatisation Premium' Hits UK Households
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.
Temu's UK Revenue & Profits Soar in Stunning Growth
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.
Henry Ford's 1902 Gamble That Almost Changed Automotive History
A stunning historical revelation shows how a young Henry Ford nearly sold his fledgling car company to rivals in 1902, a decision that would have irrevocably altered the course of automotive history and American industry.
UK orders Chinese carmakers to improve vehicle security
Exclusive: UK regulators mandate tougher security standards for Chinese carmakers, targeting keyless theft vulnerabilities. The move aims to protect consumers but could impact competitive pricing.
M&S Profits Surge 58% in Spectacular Turnaround
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.
Primark Profits Soar 46% on Oracle Tech and NATO Stability
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.
Fossil Fuel Firms Profit €100BN From Deadly Heatwaves
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.
Inditex Sales and Profits Surge Despite Economic Pressures
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 Profits Soar as Shoppers Return to High Streets
Primark's parent company, ABF, reports a significant surge in sales and profits, driven by post-pandemic demand and new store openings across Europe.
Workhouses Funded By Slavery Compensation, Research Reveals
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.
London's Food Inflation Soars to 9.6%, Outpacing UK Average
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.
Hinton: AI Profits Will Cause Mass Unemployment
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.
Ørsted Crisis: Wind Giant Sees £2.2bn Profits Plunge
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.
Royal Mail Profits Double Under Kretinsky's Takeover
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.
OnlyFans parent company posts £299m profit in record year
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.
Asda's Zero UK Tax Payment on £1bn Profit Sparks Fury
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 Bank Shares Plunge on Budget Windfall Tax Reports
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
FTSE 100 Plunges: Rolls-Royce and Burberry Lead Market Sell-Off
London's FTSE 100 index suffers significant losses as Rolls-Royce shares plummet 9% and Burberry issues profit warning, triggering widespread market anxiety.
Woolworths & Coles Lose Billions in Market Value Crash
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's Profits Dip Amid Major AI and Digital Investment Push
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.
Cadillac F1 2026 Bid Targets Bottas & Perez For Andretti
Exclusive: General Motors' Cadillac targets F1 2026 debut with Andretti Global, with current stars Valtteri Bottas and Sergio Perez emerging as prime driver targets for the ambitious American works team.
Cadillac F1 Signs Veteran Duo With 16 Grand Prix Wins
General Motors and Andretti Global unveil their powerhouse driver lineup for the 2026 F1 season, pairing experienced champions to challenge the establishment.
Cadillac Developing Own F1 Engine for 2028 - Horner
Red Bull Racing chief Christian Horner confirms General Motors' Cadillac is developing its own F1 power unit for 2028, signalling a major shift in engine regulations and new manufacturer rivalry.
Krispy Kreme's UK Sales Dip Amid Inflation Pressures
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.
IWG Boss Dismisses Share Price Fall as 'Machine Selling'
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.
Ladbrokes profits soar on Euros and Lionesses bets
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.
Lucid Gravity SUV Outruns Porsche in Speed Test
Lucid Motors unveils its groundbreaking Gravity SUV, setting new benchmarks in speed, luxury, and electric performance—outrunning even Porsche.
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