Category : Search result: profits fall


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.

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.

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.

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

Sunbather's miracle escape from car-sized cliff rock fall

A sunbather on a popular UK beach had a miraculous escape after a colossal rock, the size of a car, broke loose from a cliff and plummeted onto the sand just metres away. The shocking incident was captured on camera, highlighting the hidden dangers of coa

Widow's home on cliff edge after garden lost to sea

Exclusive: A Norfolk widow faces the devastating loss of her home to rapid coastal erosion in Hemsby, as her garden collapses into the sea and a community battles authorities for urgent sea defences.

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.

The 'Double Breath' Technique to Fall Asleep in Seconds

Struggling to switch off? A revolutionary breathing method, backed by science, promises to quiet your mind and induce deep sleep almost instantly. Discover the simple trick that's changing nights for insomniacs across the UK.

Jockey dies in tragic Guyana race fall

A jockey has tragically lost his life following a devastating fall during a race in Guyana, with officials pointing to poor visibility as a key factor in the fatal incident.

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.

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