Kingfisher in profit boost February 17, 2011 B&Q owner Kingfisher yesterday forecast a 20 per cent rise in annual profits after strong overseas growth offset weak trading in the UK. The group said it expects adjusted pre-tax profits for the year ending last month to be at the top end of City expectations at £672m. Strong sales in countries such as Poland [...]
Kingfisher in profit boost February 17, 2011 B&Q owner Kingfisher yesterday forecast a 20 per cent rise in annual profits after strong overseas growth offset weak trading in the UK. The group said it expects adjusted pre-tax profits for the year ending last month to be at the top end of City expectations at £672m. Strong sales in countries such as Poland [...]
Elisabeth Murdoch sells TV production firm to her father February 21, 2011 THE DAUGHTER of media mogul Rupert Murdoch has agreed to sell the television production company she founded to her father for £415m. Elisabeth Murdoch will sell Shine Group, which makes programmes such as MasterChef and the Wright Stuff, to News Corp. She stands to pocket £200m from the deal, as well as gain a place [...]
M&B pub sale brings profit September 19, 2010 PUB and restaurant group Mitchells & Butlers (M&B) will release its fourth quarter results on Thursday, a week after the firm started spending the fruits of its £500m asset sale. M&B, which owns Harvester and All Bar One, is expected to post a profit after more than a year of volatile results. The firm announced [...]
M&B pub sale brings profit September 19, 2010 PUB and restaurant group Mitchells & Butlers (M&B) will release its fourth quarter results on Thursday, a week after the firm started spending the fruits of its £500m asset sale. M&B, which owns Harvester and All Bar One, is expected to post a profit after more than a year of volatile results. The firm announced [...]
Kingfisher to step up expansion March 24, 2011 Kingfisher plans to step up its expansion as well as measures to boost profit margins, as it battles tough trading conditions in many markets. The group, which runs market leader B&Q in its home market and Castorama and Brico Depot in France and elsewhere, met forecasts with a 23 per cent rise in full-year profit [...]
BSkyB profit soars January 27, 2011 Strong demand for broadband lifted first-half profits at bid target BSkyB by 26 per cent, increasing the pressure on Rupert Murdoch’s News Corp to secure its takeover deal without delay. News Corp has offered to buy the 61 per cent of BSkyB it does not already own but it faces a six month competition probe [...]
Why two Eds may be better than one for Labour Party January 27, 2011 CONSERVATIVE commentators are licking their lips at the thought of Ed Balls as shadow chancellor. Here are Labour’s supposed economic failures on the economy, the deficit and financial regulation all beautifully personified. Better still Balls now has to work at the beck and call of his former sidekick, and they expect his over-weaning ambition to [...]
Johnson urges Red Rose to be ruthless in Cardiff showdown February 3, 2011 ENGLAND manager Martin Johnson has ordered his team to show no mercy to a Wales side drained of confidence by a seven-match winless run. “If you haven’t won for a long time, you get that feeling of ‘when is the next one going to come from?’ We can control that in the game,” he said. [...]
Johnson urges Red Rose to be ruthless in Cardiff showdown February 3, 2011 ENGLAND manager Martin Johnson has ordered his team to show no mercy to a Wales side drained of confidence by a seven-match winless run. “If you haven’t won for a long time, you get that feeling of ‘when is the next one going to come from?’ We can control that in the game,” he said. [...]