Currys profits surge on AI and gaming demand
Electronics retailer Currys reports adjusted pre-tax profits more than doubled to £22m, driven by AI technology and major game launches. Read the full analysis.
Category : Search result: EV profits
Reeves Denies North Sea Job Loss Figures
Chancellor Rachel Reeves dismisses report of 1,000 monthly oil and gas job losses, drawing furious backlash from industry leaders who accuse her of being 'in total denial'. Read the full story.
Reeves rejects claims of 1,000 monthly North Sea job losses
Chancellor Rachel Reeves has dismissed analysis suggesting 1,000 jobs are lost monthly in the North Sea due to policy. She highlights long-term sector challenges and new government support.
MPs to probe Crown Estate's £1.1bn wind farm profits
MPs launch inquiry as Crown Estate profits soar to £1.1bn from offshore wind. King Charles urged to stop seabed being used as a 'cash machine'. Read the full investigation.
Scotland's energy industry faces 'existential threat'
First Minister John Swinney warns PM Keir Starmer that Scotland's energy industry needs urgent UK Government support, including scrapping the energy profits levy, to avoid irreversible decline.
Energy bill hike fury: Readers slam £108 rise for grid upgrades
Outrage erupts as Ofgem approves £28bn network investment, pushing bills up £108. Readers demand energy giants use profits, not consumer hikes, to fund upgrades. Share your views.
SSP reviews European rail arm despite profit rise
Upper Crust owner SSP announces strategic review of its Continental European rail business amid post-pandemic challenges, despite reporting an 8% rise in annual profits. Read the full analysis.
Harbour Energy cuts 100 jobs, blames windfall tax
The UK's largest oil and gas producer, Harbour Energy, announces 100 offshore job cuts, citing the 'uncompetitive' windfall tax. Read the full story on the impact on the North Sea sector.
Tunnock's profits hit by global cocoa shortage
Scottish confectionery giant Tunnock's sees profits fall sharply despite record sales, as cocoa bean costs quadruple due to climate change and poor harvests. Discover how this national icon is responding.
Reeves' £26bn Tax Hike Budget Faces Backlash
Chancellor Rachel Reeves' second budget imposes £26bn in tax rises, freezing thresholds and hitting businesses. Scottish Conservatives condemn anti-growth measures and energy policy failures.
Labour's North Sea oil policy confusion deepens
Labour's energy policy faces contradictions as drilling extensions clash with windfall tax, putting 1,000 monthly North Sea jobs at risk. Discover the government's muddled approach.
Trade body: Government taxing oil and gas sector to death
Aberdeen Chamber of Commerce warns 160,000 jobs at risk after Chancellor Rachel Reeves refuses to scrap the energy profits levy in the Budget. Discover the fallout.
Pets at Home profits plunge, urgent revival plan launched
Pets at Home reports a dramatic 84% profit drop in its retail division, prompting an urgent cost-cutting and revival strategy. Discover the full details of the plan here.
Pets at Home profits plunge, urgent cost-cutting needed
Pets at Home sees retail profits plummet by 84.1%, prompting urgent cost-saving measures and a £20m overhead reduction plan to revive its fortunes.
Dick's Sporting Goods to Close Foot Locker Stores
Dick's Sporting Goods announces Foot Locker store closures following its $2.4 billion acquisition. Executive Chairman Ed Stack calls it an 'unavoidable reset'. Read the latest updates.
EasyJet profits climb as package holidays sell well
EasyJet reports 9% profit rise to £665m, driven by strong demand for package holidays. The holidays division saw a 27% revenue increase, with 80% of H1 packages already sold.
Scrap Windfall Levy or Face North Sea Job Losses
Scottish Conservatives warn Rachel Reeves must end Energy Profits Levy in budget to prevent 1,000 monthly job losses and secure £16bn extra Treasury revenue. Read the analysis.
EasyJet profits hit £650m despite French strikes
EasyJet defies French air traffic strikes and fuel costs with profits rising to £650 million. Discover how the budget airline's holidays arm boosted performance.
EasyJet profits hit £650m despite French strikes
Budget airline EasyJet defies French air traffic control strikes and rising costs, posting a £650 million annual profit. Discover how its holidays arm boosted performance.
Nando's expands with 14 new UK restaurants
Nando's accelerates UK expansion with 14 new restaurants after profits surge. Discover the locations and how the chain is tackling cost pressures.
Nando's Plans 14 New UK Restaurants After Profit Boom
Nando's reveals plans for 14 new UK restaurants in areas like Bedford and Sheffield after operating profits more than double to £146.6 million. Discover the full list of locations.
Target profits tumble 19% amid sales slump
Target reports 12th straight quarter of falling sales as inflation pressures shoppers. New CEO faces challenge turning around retailer's fortunes. Read the latest analysis.
Imperial Brands profits up on nicotine pouches and prices
Tobacco giant Imperial Brands reports profit growth, driven by cigarette price hikes and surging demand for oral nicotine pouches. The firm returns billions to shareholders.
Energy firms make £125bn profit as bills soar
Exclusive analysis reveals energy giants have made £125bn in UK profits over five years. Campaigners demand Chancellor Rachel Reeves imposes fresh windfall tax in Budget.
SnowDome's £6m profit after boy's death revealed
Exclusive: SnowDome made over £6m profit after being fined for the death of 12-year-old Louis Watkiss. His parents speak out after being denied a full inquest.
TSB profits jump 38% ahead of Santander takeover
TSB Bank reports a 38.2% surge in pre-tax profits to £270.6m for 2025's first nine months as it prepares for its £2.9bn acquisition by Santander. Discover the full financial story.
IAG Shares Jump on Record Profits and €400M Buyback
International Airlines Group sees massive profit surge as travel demand rebounds, with plans to return €400 million to shareholders through share buyback programme.
Government profits from asylum accommodation as taxpayers pay
Exclusive investigation reveals how the Home Office is generating substantial profits from asylum accommodation contracts while taxpayers foot the bill for controversial facilities.
IAG Soars to Record £3.4bn Profit Amid Travel Boom
British Airways parent company International Airlines Group reports staggering £3.4 billion profit amid booming passenger numbers, with CEO Luis Gallego declaring 'a very strong recovery' across all airlines.
Sainsbury's profits surge 61% in retail triumph
Supermarket giant Sainsbury's reports impressive profit surge and announces major strategic overhaul including Argos transformation and property sales.
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