£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.
Category : Search result: profits
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.
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.
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.
Telstra's AI and remote work boost profits
Telstra leverages AI and remote work to cut costs and increase profits, reshaping the future of corporate efficiency.
UK energy firms profit from Europe's gas crisis
British energy firms Centrica and National Grid are poised to benefit from soaring gas prices in Europe, with analysts predicting significant profits amid the ongoing energy crisis.
Trump immigration policies boosted corporate profits
New reports reveal how Donald Trump’s hardline immigration policies have inadvertently boosted profits for major corporations, sparking debate over ethics and economic impact.
JLR Profits Hit by Tariffs and Falling Sales
Jaguar Land Rover (JLR) reports a sharp decline in profits due to rising tariffs and sluggish sales. The iconic British brand faces challenges in key markets, including China and Europe. Can it recover?
WPP profits rise despite Trump tariffs and ad slowdown
Global advertising giant WPP reports strong profits despite challenges from US tariffs and reduced ad spending. Read how the company is navigating economic headwinds.
Six Flags CEO: Fewer Visitors, Higher Profits
Despite fewer visitors, Six Flags reports record profits as CEO Selim Bassoul explains the strategic shift prioritising premium experiences over crowds.
Honda profits drop amid Trump tariff fallout
Honda reports a sharp decline in quarterly profits as US tariffs under the Trump administration continue to disrupt global trade. Analysts weigh in on the long-term impact.
BP reviews costs amid £17.7bn quarterly profits
BP initiates a comprehensive cost-cutting review following record quarterly profits of £17.7bn, sparking debate over energy sector windfalls.
Diageo expands cost cuts as profits plunge
Diageo, the parent company of Guinness, ramps up cost-cutting measures amid a sharp drop in profits. Will this strategy revive its fortunes?
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