profits

B&Q owner Kingfisher benefits from home improvement boom with a 62% rise in profits 

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B&Q owner Kingfisher’s results were given a boost from home an improvement boom as well as its new ‘click and collect’ model as it reported 62 per cent rise in pre-tax profits today.  For its half year results ending 31 July, Kingfisher has reported only a small hit from the Covid-19 pandemic while other companies … Read more

BUSINESS LIVE: Inflation dives to 0.2%; Redrow profits slump 66%

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BUSINESS LIVE: Inflation dives to 0.2%; Housebuilder Redrow reveals earnings slump; Zara owner returns to profit By This Is Money Published: 08:06 BST, 16 September 2020 | Updated: 08:06 BST, 16 September 2020 Inflation plunged last month as the government’s Eat Out scheme and tumbling air fares suppressed prices. The CPI measure dropped from 1 … Read more

Take profits now before US tech stocks go over a cliff

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It is not just Joe Biden’s nomination to run against Donald Trump in November’s presidential election that has caught our international attention in recent days as we occasionally look west. The dramatic rise of the American stock market, fuelled by ‘tech’ fever, has also caught our eye – especially those with money invested in Isas … Read more

Ronnie Wood, 73, the rock maestro exhibits original artworks with all profits going to the NHS

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Stone me! At 73, Ronnie Wood the rock maestro shows he’s a bit of an old master, too… as he exhibits original artworks with all profits going to the NHS By Emma Powell Showbusiness Correspondent For The Daily Mail Published: 22:27 BST, 18 August 2020 | Updated: 22:38 BST, 18 August 2020 The band that … Read more

Persimmon profits plunge 43% as construction returns to pre-Covid building levels 

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Britain’s biggest house builder Persimmon said its build rate reached normal levels by the end of June and it restored its dividend to shareholders, it revealed today. Pre-tax profits plunged 43 per cent from £509.3million to £292.4million. Revenues were also down 32 per cent to £1.19billion, from the £1.76billion it reported a year earlier, after … Read more

Ladbrokes owner axes dividend after profits flatline

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Ladbrokes Coral owner axes dividend after closed shops and cancelled sports events leave profits flat Bingo games such as Gala Bingo and Foxy Bingo grew strongly in popularity  New chief executive Shay Segev took over from Kenny Alexander last month  GVC Holdings predicts the year’s underlying earnings will be £720m to £740m By Harry Wise … Read more

ITV profits plummet 93% as pandemic triggers drop in advertising sales

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Historic drama rocks ITV: Profits plummet 93% as pandemic triggers historic drop in advertising sales By Matt Oliver For The Daily Mail Published: 21:50 BST, 6 August 2020 | Updated: 21:50 BST, 6 August 2020 ITV profits plummeted by 93 per cent in the first half of the year after the pandemic triggered a historic … Read more

Pensions giant Legal and General to pay dividend despite profits slump

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Pensions giant Legal and General to pay dividend despite profits slumping 73% over the first six months of 2020 By Daily Mail City & Finance Reporter Published: 21:51 BST, 5 August 2020 | Updated: 21:51 BST, 5 August 2020 Pensions titan Legal and General has forged ahead with its plans to pay a dividend, amid … Read more

BUSINESS LIVE:  BP slashes dividend; Easyjet raises flight capacity; Diageo profits slide 

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BUSINESS LIVE: BP slashes dividend; Easyjet raises flight capacity; Diageo profits slide By This Is Money Published: 08:04 BST, 4 August 2020 | Updated: 08:06 BST, 4 August 2020 BP has slashed its dividend payout to 4p per share. This is the first time it has cut the payment since the Deepwater Horizon disaster, after … Read more