Co-op profits soar after supermarket sells 180 pizzas for every minute of football during the World Cup September 14, 2018 Co-op's profits soared in the first half of the year after the supermarket sold more than 180 pizzas for every minute of football played during the World Cup. Sales increased to £5bn, up 10 per cent on the first half of 2017, also driven by its £143m acquisition of Nisa in May. Pre-tax profits almost [...]
Wetherspoon boss Tim Martin urges parliament to reject Chequers for free trade deal as annual profits soar September 14, 2018 JD Wetherspoon chief executive Tim Martin has urged parliament to vote against Theresa May's Chequers deal as his company posted a boost in annual profit thanks to this summer's heatwave. The colourful pub-chain chief executive and Brexit advocate said a free trade deal with the EU would be a "huge gain" for businesses and consumers [...]
Wetherspoon boss Tim Martin urges parliament to reject Chequers for free trade deal as annual profits soar September 14, 2018 JD Wetherspoon chief executive Tim Martin has urged parliament to vote against Theresa May's Chequers deal as his company posted a boost in annual profit thanks to this summer's heatwave. The colourful pub-chain chief executive and Brexit advocate said a free trade deal with the EU would be a "huge gain" for businesses and consumers [...]
Church of England will keep Amazon shares despite Archbishop criticism September 14, 2018 The Church of England will hold onto its Amazon stock even after the Archbishop of Canterbury accused the online retail behemoth of “leeching off the taxpayer”. Church commissioners disclosed that Amazon was one of the CoE’s 20 most valuable equity holdings in their annual 2017 report. But they will keep hold of their shares despite [...]
Church of England will keep Amazon shares despite Archbishop criticism September 14, 2018 The Church of England will hold onto its Amazon stock even after the Archbishop of Canterbury accused the online retail behemoth of “leeching off the taxpayer”. Church commissioners disclosed that Amazon was one of the CoE’s 20 most valuable equity holdings in their annual 2017 report. But they will keep hold of their shares despite [...]
Why John Lewis’ price promise won’t deliver profits September 14, 2018 Retail bellwether John Lewis reported a 99 per cent drop in profits yesterday in what one analyst labelled a moment as significant as the fall of the Roman empire, as far as the struggling high street is concerned. The middle-class favourite’s profit before one-off items slumped to £1.4m in the six months to 28 July [...]
Why John Lewis’ price promise won’t deliver profits September 14, 2018 Retail bellwether John Lewis reported a 99 per cent drop in profits yesterday in what one analyst labelled a moment as significant as the fall of the Roman empire, as far as the struggling high street is concerned. The middle-class favourite’s profit before one-off items slumped to £1.4m in the six months to 28 July [...]
Post Office continues turnaround as it makes a profit for the second year in a row September 13, 2018 The Post Office revealed it was making good progress on its turnaround as it posted a profit for the second year in a row. The figures In its full-year results released today, trading profit more than doubled from £13m last year to top £35m while turnover was boosted by £4m to reach £961m. In retail, its revenue [...]
Post Office continues turnaround as it makes a profit for the second year in a row September 13, 2018 The Post Office revealed it was making good progress on its turnaround as it posted a profit for the second year in a row. The figures In its full-year results released today, trading profit more than doubled from £13m last year to top £35m while turnover was boosted by £4m to reach £961m. In retail, its revenue [...]
FTSE 100 bookie GVC gambles on ‘aggressive’ expansion as profits rise in first half September 13, 2018 The boss of FTSE 100 betting company GVC, which owns brands like Ladbrokes, Coral and Bwin, today said the firm was ready to "aggressively" expand and take the fight to its competitors after posting decent interim results. GVC proforma revenues rose eight per cent to £1.7bn, while gross profit jumped six per cent to £1.2bn. The firm was helped [...]
