Topic filter : Profit

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....And if you look at the continuing performance of the business, the Mr Men method appears to work rather well. Timpson, a household name in the UK and the Republic of Ireland, saw sales rise 8% to £130m in the year to September 2015, with pre-tax profits up 65% to £10. ... [Read full article on BBC ]
Sunday 23rd of April 2017 11:03:35 PM
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Wednesday 26th of April 2017 09:26:01 AM
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....A spokesperson added that savings would also be made through the firm's supply chain, marketing, and changes to its operating model. Coca-Cola added that it expected its full-year adjusted profits to fall by between 1% and 3%, compared with the 1% to 4% decline it had forecast in February. ... [Read full article on BBC ]
Tuesday 25th of April 2017 06:29:31 PM
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. Annual pre-tax profits at online fashion retailer Boohoo have almost doubled to £31m - up from just under £16m last year. ... [Read full article on BBC ]
Wednesday 26th of April 2017 06:17:43 AM
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...."The corresponding transactions will allow the simplification of the structures, long requested by the market, and the strengthening of LVMH's Fashion and Leather Goods division thanks to the acquisition of Christian Dior Couture, one of the most iconic brands worldwide," he said. Christian Dior Couture, which almost exclusively sells its goods through its 198 high-end stores, had revenues of more than 2bn euros last year and profits of 270m euros. ... [Read full article on BBC ]
Tuesday 25th of April 2017 11:31:29 AM
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....". Meanwhile, investors got a taste for McDonald's shares after the fast food chain reported better-than-expected profits in the first quarter. ... [Read full article on BBC ]
Tuesday 25th of April 2017 02:58:27 PM
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. Troubled Royal Bank of Scotland has reported its first quarterly profit since the third quarter of 2015. ... [Read full article on BBC ]
Friday 28th of April 2017 06:26:06 AM
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.... . "There's certainly a model for non-profit news that can be successful if it's done on a relatively small scale and produces a product that is unique enough. ... [Read full article on BBC ]
Monday 24th of April 2017 11:50:10 PM
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....It said that coconut was its "most popular" new ingredient, with coconut porridge selling particularly well. The sandwich chain reported a 15% rise in sales to record £776m, while its measure of profit hit a record £93m. ... [Read full article on BBC ]
Thursday 27th of April 2017 03:19:24 PM
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....While Britons may have fallen out of love with the M&S clothing ranges in recent years they have been heading in droves to its food aisles as they opt to pick up food for an evening meal rather than do a big weekly shop. Until now selling food online has not made business sense for M&S as its customers do not typically spend enough on groceries on each visit to make the service profitable. ... [Read full article on Guardian ]
Thursday 27th of April 2017 06:10:06 PM
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...."It is increasingly likely that the slowdown in the first quarter is the start of a sustained period of more sluggish growth. Inflation is expected to continue to rise, increasing the squeeze on consumer spending power and firm's profit margins, pushing growth lower," he said. ... [Read full article on BBC ]
Friday 28th of April 2017 08:32:58 AM
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....Mr Gwynne, the national elections and campaign coordinator in the shadow cabinet, said: "Time and again [the Tories] promised action, but when it comes to it, they broke those promises. "At the last election when Labour promised action, the Tories opposed it, putting themselves on the side of protecting the big energy companies' profits rather than the interests of working people. ... [Read full article on BBC ]
Sunday 23rd of April 2017 11:10:39 AM
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...."Clearly investors are happy with the result as a 'Frexit' seems to be off the table," said Neil Wilson, an analyst at ETX Capital in London. "But watch for the risks to return - if Le Pen starts polling in the 40%+ bracket we will see nerves creep back in and some of these big lurches higher could be dialled back as profits are taken and investors reprice risk. ... [Read full article on BBC ]
Sunday 23rd of April 2017 09:16:09 PM
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.... . Amazon profits climbed more than 40%, to $724m (£560. ... [Read full article on BBC ]
Thursday 27th of April 2017 08:53:18 PM
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....5m, up 4. 5% on a year earlier, with operating profits also up, to £22. ... [Read full article on BBC ]
Wednesday 26th of April 2017 05:05:46 AM
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...." . The downbeat outlook from Whitbread, which also owns Beefeater restaurants and Brewers Fayre pubs, overshadowed news of an increase in profits last year. ... [Read full article on BBC ]
Tuesday 25th of April 2017 10:47:43 AM
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.... It runs 150 stores around the world, opening 10 last year as well as refitting 16 shops. It recently reported operating profits of £42. ... [Read full article on Guardian ]
Monday 24th of April 2017 08:25:28 AM
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....Currently, UK-based companies can conduct business throughout Europe, but could lose that right. The warning came ahead of Deutsche's latest results which showed that job cuts had boosted profits. ... [Read full article on BBC ]
Wednesday 26th of April 2017 09:19:18 PM
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. Barclays says its profits more than doubled in the first three months of the year, boosted by better performance across the board. ... [Read full article on BBC ]
Friday 28th of April 2017 06:36:15 AM
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.... Some were in danger of collapsing. Having sold off a few of the prefab houses in St Eval, Annington Homes learned that if it flattened the rest of the rotting concrete boxes and rebuilt new houses in their place, the local authority would insist the company supplied 40% affordable housing – considerably reducing its profit margin. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 04:30:38 AM
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. The number of profit warnings posted by publicly listed companies reached 75 in the first quarter of 2017, according to business consultants EY. ... [Read full article on BBC ]
Sunday 23rd of April 2017 08:23:22 AM
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. A slew of large tech companies including Google parent Alphabet and Amazon have reported better than expected bumper profits, promising to boost the Nasdaq index to fresh highs. ... [Read full article on Guardian ]
Friday 28th of April 2017 03:03:31 AM
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. Lloyds Banking Group has reported a rise in profits in the three months to the end of March, despite a "challenging" environment. ... [Read full article on BBC ]
Thursday 27th of April 2017 06:33:36 AM
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.... Amazon competes against Google in the shopping business, because more and more of us skip the middleman when we want to buy something. And then there are the enormously profitable back-ends. ... [Read full article on Guardian ]
Saturday 29th of April 2017 08:00:25 AM
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....The firm added that technical problems with engines for its new A320neo aircraft were still to be resolved. The warnings came as Airbus posted quarterly figures showing a 52% fall in net profits to 240m euros (£203m). ... [Read full article on BBC ]
Thursday 27th of April 2017 08:21:02 AM
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....The secretive nature of the Trump Organization, which the president has not divested from, and the lack of Trump’s own tax returns to work with, made it difficult to pin down how much the president and his family could stand to gain from the tax code changes proposed on Wednesday, analysts said. Chuck Marr, director of federal tax policy at the nonprofit Center on Budget and Policy Priorities, referred the Guardian to a paper in which he wrote that, “conservatively… the Trump plan would give the 400 highest-income households a tax break of about $9m each” per year. ... [Read full article on Guardian ]
Thursday 27th of April 2017 01:33:58 PM
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....6bn worth of property. Overall the company made pre-tax profits of £136. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 05:00:42 PM
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. Boohoo, the online fashion retailer with an army of 16 to 24-year-old fans, has nearly doubled its profits, helped by paying celebrities and other “influencers” to promote its products on Instagram. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 05:31:48 PM
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....However, the GMB and Unite unions said the proposed cuts were savage and unacceptable, and urged the government to intervene. “Nestlé are throwing people’s lives, and those of their families, into turmoil for the sake of increasing profit margins,” said the GMB general secretary, Tim Roache. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 03:32:22 PM
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....If plans to cut bills by £100 came into force, British Gas "would absolutely be losing money", Mr Conn told the BBC. Energy providers' profit margins are thinner than many realise, with British Gas making about £50 per customer after tax, he added. ... [Read full article on BBC ]
Tuesday 25th of April 2017 07:07:41 AM
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Latest Finance News related to Profit

Hero's legacy image
Source : BBC [Read Article] Sunday 30th of April 2017 12:07:14 AM
....F1's greatest drivers: Ayrton Senna . One of the brand's strengths is that virtually all money from licensing goes to charity, not profit. ...
RBS and Lloyds IT faults cause online banking frustrations image
Source : Guardian [Read Article] Friday 28th of April 2017 03:24:55 PM
....Millions of Royal Bank of Scotland and Lloyds Banking Group customers have had difficulty accessing their accounts after the banks suffered IT meltdowns before the long weekend. On Friday, when RBS was trying to focus on its first quarterly profit since the third quarter of 2015 and Lloyds on the news that the taxpayer’s shareholding had fallen to less than 1%, both banks instead faced questions about their digital operations. ...
Qualcomm says Apple withholding royalty payments amid legal row image
. Qualcomm, the largest maker of mobile phone chips, has cut its profit forecast, warning investors that Apple is withholding royalty payments amid a legal battle. ...
'Fire sale' risk with Bank capital approach, says Vickers image
Source : BBC [Read Article] Friday 28th of April 2017 02:26:12 PM
....Parliament's Treasury Committee, which has the responsibility of examining the government's work on economic and regulatory matters, is aiming to discover whether new plans for banks will mean they can avoid needing taxpayer help the next time trouble calls. As part of evidence published earlier this month, the Bank of England said one way for a bank to bolster its capital when it was facing low expected profitability due to high costs rather than poor lending, was to sell some of its loans. ...
Barclays pulls FTSE 100 lower image
Source : BBC [Read Article] Friday 28th of April 2017 11:29:13 AM
. Shares in Barclays were the biggest fallers on the FTSE 100, despite the bank reporting a doubling of quarterly profits. ...
UK economy grows by 0.3% as service sector slows image
Source : BBC [Read Article] Friday 28th of April 2017 08:32:58 AM
...."It is increasingly likely that the slowdown in the first quarter is the start of a sustained period of more sluggish growth. Inflation is expected to continue to rise, increasing the squeeze on consumer spending power and firm's profit margins, pushing growth lower," he said. ...
Barclays chief admits he 'made a mistake' over whistleblowing case image
Source : Guardian [Read Article] Friday 28th of April 2017 08:27:59 AM
.... I was trying to protect a vulnerable colleague. I should have left the organisation to handle it,” said Staley, who was forced to take questions on the matter as he presented the bank’s first-quarter profits. ...
RBS reports first quarterly profit since 2015 image
Source : Guardian [Read Article] Friday 28th of April 2017 06:57:09 AM
. Royal Bank of Scotland has reported its first quarterly profit since 2015, as it looks to turn a corner after nine years of losses since its £45bn bailout during the financial crisis. ...
Barclays profits more than double image
Source : BBC [Read Article] Friday 28th of April 2017 06:36:15 AM
. Barclays says its profits more than doubled in the first three months of the year, boosted by better performance across the board. ...
RBS reports first quarter profit as turnaround continues image
Source : BBC [Read Article] Friday 28th of April 2017 06:26:06 AM
. Troubled Royal Bank of Scotland has reported its first quarterly profit since the third quarter of 2015. ...
Nasdaq surge expected to continue after strong Alphabet and Amazon results image
. A slew of large tech companies including Google parent Alphabet and Amazon have reported better than expected bumper profits, promising to boost the Nasdaq index to fresh highs. ...
Google, Amazon and Microsoft report rising profits image
Source : BBC [Read Article] Thursday 27th of April 2017 08:53:18 PM
Will Lloyds chief enjoy plain sailing or will he jump ship? | Nils Pratley image
....Lloyds Banking Group’s bad and impaired loans stand at historically low levels. Its net interest margin – the best measure of a bank’s profitability – is the highest in the UK sector, and still rising. ...
Pret a Manger tries to woo British workers as Brexit looms image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:01:44 PM
....His comments came as the company reported a record set of full-year results, with global sales rising 15% to more than £776m last year. The chain’s operating profits increased 11% to more than £93m. ...
M&S to trial online food delivery service this autumn image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:10:06 PM
....While Britons may have fallen out of love with the M&S clothing ranges in recent years they have been heading in droves to its food aisles as they opt to pick up food for an evening meal rather than do a big weekly shop. Until now selling food online has not made business sense for M&S as its customers do not typically spend enough on groceries on each visit to make the service profitable. ...
Exchange rate fluctuation is MORE of a threat to expat’s pensions than losing triple lock image
....This means the timing of your trade can affect how much you get for your state pension by around €20 on average per month. Shopping around for the best exchange rates and keeping abreast of market developments so that you can transfer your pension payments when you’ll get the most for your pounds is in many cases more profitable than the benefits you will get from the triple lock. ...
Coconut milk helps Pret A Manger report record results image
Source : BBC [Read Article] Thursday 27th of April 2017 03:19:24 PM
....It said that coconut was its "most popular" new ingredient, with coconut porridge selling particularly well. The sandwich chain reported a 15% rise in sales to record £776m, while its measure of profit hit a record £93m. ...
​Trump tax plan could save him millions under guise of helping small businesses image
....The secretive nature of the Trump Organization, which the president has not divested from, and the lack of Trump’s own tax returns to work with, made it difficult to pin down how much the president and his family could stand to gain from the tax code changes proposed on Wednesday, analysts said. Chuck Marr, director of federal tax policy at the nonprofit Center on Budget and Policy Priorities, referred the Guardian to a paper in which he wrote that, “conservatively… the Trump plan would give the 400 highest-income households a tax break of about $9m each” per year. ...
Nintendo says Switch will help double profits image
Source : BBC [Read Article] Thursday 27th of April 2017 12:33:24 PM
. Nintendo says the success of its new Switch console will help it to double annual profits. ...
Airbus profits fall as technical problems continue to hit projects image
....The firm added that technical problems with engines for its new A320neo aircraft were still to be resolved. The warnings came as Airbus posted quarterly figures showing a 52% fall in net profits to 240m euros (£203m). ...
Pound hits seven-month dollar high image
Source : BBC [Read Article] Thursday 27th of April 2017 08:13:10 AM
....3% as investors welcomed its first-quarter results. Pre-tax profits at the bank doubled to £1. ...
Samsung sees best quarterly profits in three years image
Source : BBC [Read Article] Thursday 27th of April 2017 02:59:19 AM
. Demand for memory chips and flat screens for televisions and phones has given Samsung Electronics its best quarterly profits in three years, . ...
Deutsche Bank: Brexit risk to up to 4,000 UK jobs image
Source : BBC [Read Article] Wednesday 26th of April 2017 09:19:18 PM
....Currently, UK-based companies can conduct business throughout Europe, but could lose that right. The warning came ahead of Deutsche's latest results which showed that job cuts had boosted profits. ...
Wall Street edges down after Trump tax plan image
Source : BBC [Read Article] Wednesday 26th of April 2017 08:19:48 PM
....The drugs giant reporting an 8. 3% fall in third-quarter profit, caused by slowing consumer spending. ...
The Guardian view on Apple-Uber affair: reasons to tame Silicon Valley | Editorial image
.... Many of the users themselves are not much richer than the drivers. The “sharing economy” encourages the insecure and exploited to exploit others equally insecure to the profit of a tiny clique of billionaires. ...
Swinton insurance cuts 900 jobs as customers switch to online image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:06:32 PM
....Swinton is investing £45m in its IT systems, digital and phone platforms at its new head office and call centre in Manchester to keep up with technological and regulatory changes. The firm sells motor, taxi, caravan, home and business insurance and made a pre-tax profit of £18. ...
Fashion retailer Boohoo nearly doubles profit after celebrity Instagram tie-ups image
. Boohoo, the online fashion retailer with an army of 16 to 24-year-old fans, has nearly doubled its profits, helped by paying celebrities and other “influencers” to promote its products on Instagram. ...
In the small print image
Source : BBC [Read Article] Wednesday 26th of April 2017 03:35:41 PM
.... He wants to reduce that to 15%. Another type of business - known as a pass-through entity because profits "pass through" to the owners and get taxed as personal income - would get that same rate. ...
Voodoo Reaganomics won't save Trump on the Hill | Larry Elliot image
Source : Guardian [Read Article] Wednesday 26th of April 2017 03:33:00 PM
.... According to the current occupant of the White House, the reduction from 35% to 15% will pay for itself because US companies will invest more. The argument is that higher levels of investment will raise the growth rate and, in turn, raise corporate profits. ...
Twitter revenues decline for first time as advertising falls away image
Source : Guardian [Read Article] Wednesday 26th of April 2017 01:48:14 PM
....Twitter’s revenue has fallen for the first time, as advertisers have pulled back from the social media service favoured by Donald Trump, celebrities and journalists. However, the Silicon Valley company, which has never turned a profit, cheered investors by announcing a significant rise in the number of monthly users, to 328 million. ...
Santander chief warns on 'changeable' UK economy image
Source : BBC [Read Article] Wednesday 26th of April 2017 10:31:49 AM
....Santander UK's Spanish owner is nursing an 8. 1% decline in profit from its UK business after a decline in the value of sterling. ...
FTSE 100 ticks up at the close image
Source : BBC [Read Article] Wednesday 26th of April 2017 07:34:44 AM
....72. Standard Chartered shares made the biggest gains after profits nearly doubled. ...
Credit Suisse plans £3bn fundraising to boost capital image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:27:10 AM
....14bn) from shareholders in an effort to strengthen its capital base. The Swiss lender put on hold a plan to sell shares in its domestic banking business and posted a first quarter profit of 596m Swiss francs. ...
Boohoo online fashion retailer sees its profits double image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:17:43 AM
. Annual pre-tax profits at online fashion retailer Boohoo have almost doubled to £31m - up from just under £16m last year. ...
Jockey Club horse racing posts record annual turnover image
Source : BBC [Read Article] Wednesday 26th of April 2017 05:05:46 AM
....5m, up 4. 5% on a year earlier, with operating profits also up, to £22. ...
Coca Cola to cut 1,200 jobs image
Source : BBC [Read Article] Tuesday 25th of April 2017 06:29:31 PM
....A spokesperson added that savings would also be made through the firm's supply chain, marketing, and changes to its operating model. Coca-Cola added that it expected its full-year adjusted profits to fall by between 1% and 3%, compared with the 1% to 4% decline it had forecast in February. ...
Andrew Tyrie, scourge of bankers, deserves new City role | Nils Pratley image
Source : Guardian [Read Article] Tuesday 25th of April 2017 06:18:25 PM
.... It’s true there was nothing slow about the progress in revenues at Whitbread’s two big formats – Premier Inn’s turnover was 9% better and Costa Coffee’s almost 11%. It’s just that, as one goes down the profit and loss account, the numbers aren’t as sparkling as they used to be. ...
Lockheed Martin profits take fall, despite sales increase image
Source : BBC [Read Article] Tuesday 25th of April 2017 05:20:59 PM
. Unexpected losses related to international business dragged down first-quarter profits at US defence giant Lockheed Martin. ...
How streaming saved the music: global industry revenues hit £12bn image
Source : Guardian [Read Article] Tuesday 25th of April 2017 04:55:19 PM
....But while revenue made from physical formats declined by another 7. 6% last year, physical sales still make up the majority of revenue in some of the biggest markets, including France, Germany and Japan, where 70% of profits are still from CD and record sales. ...
Nestlé to axe 300 UK jobs and move Blue Riband production to Poland image
Source : Guardian [Read Article] Tuesday 25th of April 2017 03:32:22 PM
....However, the GMB and Unite unions said the proposed cuts were savage and unacceptable, and urged the government to intervene. “Nestlé are throwing people’s lives, and those of their families, into turmoil for the sake of increasing profit margins,” said the GMB general secretary, Tim Roache. ...
McDonald's to offer all UK staff fixed hour contracts image
Source : BBC [Read Article] Tuesday 25th of April 2017 02:58:27 PM
....". Meanwhile, investors got a taste for McDonald's shares after the fast food chain reported better-than-expected profits in the first quarter. ...
Christian Dior and LVMH combined by French billionaire image
Source : BBC [Read Article] Tuesday 25th of April 2017 11:31:29 AM
...."The corresponding transactions will allow the simplification of the structures, long requested by the market, and the strengthening of LVMH's Fashion and Leather Goods division thanks to the acquisition of Christian Dior Couture, one of the most iconic brands worldwide," he said. Christian Dior Couture, which almost exclusively sells its goods through its 198 high-end stores, had revenues of more than 2bn euros last year and profits of 270m euros. ...
Costa coffee owner Whitbread wary over prospects image
Source : BBC [Read Article] Tuesday 25th of April 2017 10:47:43 AM
...." . The downbeat outlook from Whitbread, which also owns Beefeater restaurants and Brewers Fayre pubs, overshadowed news of an increase in profits last year. ...
Can Donald Trump better renegotiate Nafta? Yes, by bringing back TPP image
Source : Guardian [Read Article] Tuesday 25th of April 2017 08:44:58 AM
....There is also room for increased protection against corporate abuse of the investor-state dispute-settlement procedure. For example, negotiators could add provisions for the summary dismissal of frivolous suits, such as challenges by multinational corporations to a new regulation on the grounds that it will diminish their ability to earn profits. ...
London share prices edge higher image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:57:49 AM
....Whitbread, the hotel and coffee shop group, saw its shares drop 7% to £40. Despite a 6% rise in "underlying" pre-tax profits, it was "cautious" about prospects for the next year and forecast a "tougher consumer environment". ...
Hornby directors defend chairman Roger Canham image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:23:45 AM
....Earlier this month, Hornby announced that it had successfully restructured the UK and European sides of its business, cut back on its products and reduced costs. It revealed in 2016 that it planned to cut more than half of the toys it made after discovering that it generated 90% of its profits from only 50% of its range. ...
Government lacks faith in free market, says energy boss image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:07:41 AM
....If plans to cut bills by £100 came into force, British Gas "would absolutely be losing money", Mr Conn told the BBC. Energy providers' profit margins are thinner than many realise, with British Gas making about £50 per customer after tax, he added. ...
Wikipedia's Jimmy Wales creates news service Wikitribune image
Source : BBC [Read Article] Monday 24th of April 2017 11:50:10 PM
.... . "There's certainly a model for non-profit news that can be successful if it's done on a relatively small scale and produces a product that is unique enough. ...
Foster + Partners plans redundancies after Brexit uncertainty image
Source : Guardian [Read Article] Monday 24th of April 2017 03:20:53 PM
....The company’s last big round of redundancies was in 2009 at the height of the financial crisis, when it cut about 300 jobs globally and closed offices in Berlin and Istanbul. While the firm’s turnover rose from £188m in 2015 to £225m in 2016, its full-year pre-tax profits dropped from £51. ...
Toy-maker Hasbro revenues boosted by Monopoly sales image
Source : BBC [Read Article] Monday 24th of April 2017 03:00:22 PM
.... . Executives said the decline in operating profit was due to higher expenses, a shift in product mix, and falling revenue from the Magic: The Gathering products. ...
Tory energy bill cap dents Centrica and SSE share prices image
Source : Guardian [Read Article] Monday 24th of April 2017 09:05:46 AM
....But the founder of one of the market’s smaller suppliers said the big players had only themselves to blame, by overcharging loyal customers. “We hear the big six bleating that they barely make a profit. ...
Now on sale: Jimmy Choo (the whole company) image
Source : Guardian [Read Article] Monday 24th of April 2017 08:25:28 AM
.... It runs 150 stores around the world, opening 10 last year as well as refitting 16 shops. It recently reported operating profits of £42. ...
'You're hired Mr Happy' image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:03:35 PM
....And if you look at the continuing performance of the business, the Mr Men method appears to work rather well. Timpson, a household name in the UK and the Republic of Ireland, saw sales rise 8% to £130m in the year to September 2015, with pre-tax profits up 65% to £10. ...
French elections: Wall Street joins European relief rally image
Source : BBC [Read Article] Sunday 23rd of April 2017 09:16:09 PM
...."Clearly investors are happy with the result as a 'Frexit' seems to be off the table," said Neil Wilson, an analyst at ETX Capital in London. "But watch for the risks to return - if Le Pen starts polling in the 40%+ bracket we will see nerves creep back in and some of these big lurches higher could be dialled back as profits are taken and investors reprice risk. ...
Energy bills: what's the difference between Tory cap and Miliband freeze? image
.... Comparison sites are, unsurprisingly, not happy, and argue previous intervention has led to lower switching rates and higher prices. With the energy companies’ profit margins under pressure, the cheapest, fixed deals on the market will clearly go up to compensate for the losses imposed by a cap. ...
Whatever the IMF thinks, we are a long way from the boom time of 2007 | Larry Elliott image
....In other words, there should be no desire to return to the pre-2007 growth because that would suggest another colossal bust was just around the corner. It should be a cause for concern, not celebration, that China’s recent growth has relied so heavily on a credit binge that has financed infrastructure that is not really needed and factories that don’t make a profit. ...
General election 2017: Tories to pledge energy bill cap image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:10:39 AM
....Mr Gwynne, the national elections and campaign coordinator in the shadow cabinet, said: "Time and again [the Tories] promised action, but when it comes to it, they broke those promises. "At the last election when Labour promised action, the Tories opposed it, putting themselves on the side of protecting the big energy companies' profits rather than the interests of working people. ...
Company profit warnings increase on previous quarter image
Source : BBC [Read Article] Sunday 23rd of April 2017 08:23:22 AM
. The number of profit warnings posted by publicly listed companies reached 75 in the first quarter of 2017, according to business consultants EY. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
....Yet the Yorkshire building society example - and there are reports Santander will soon follow suit – must be a signal that trouble lies ahead. If nothing else, ultra-low mortgage rates put a squeeze on bank profits and make them more vulnerable to shocks when they come. ...
Lloyds: Taxpayers get all their money back after rescue image
Source : BBC [Read Article] Friday 21st of April 2017 05:01:52 PM
.... . In February, Lloyds reported its highest annual profit in a decade, helped by a reduction in payment protection insurance provisions. ...
Lloyds bank bailout repaid in full, says Philip Hammond image
Source : Guardian [Read Article] Friday 21st of April 2017 05:00:20 PM
.... António Horta-Osório, the bank’s chief executive, said it was a “moment of huge pride for all of us at Lloyds” that the government could say it has already reclaimed its money. Even so, it has taken much longer than expected during the financial crisis and has only been possible because Hammond was able to sanction the recent sales at a loss because of profits made from earlier transactions when the share price was higher. ...
Dortmund attack: man arrested on suspicion of share-dealing plot image
Source : Guardian [Read Article] Friday 21st of April 2017 04:36:02 PM
....In the end, their investigations led them to an entirely new category of extremism: terror fuelled by financial greed. On Friday, German police arrested a 28-year-old German-Russian national on suspicion of having carried out the explosives attack on Dortmund’s team bus in order to collapse the club’s share price so he could profit from stock market speculation. ...
Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
.... This may be a step too far,” they said. Sports Direct issued a profit warning in December after a slide in sterling’s value made it more costly for the firm to source its branded goods from Asia. ...
Borussia Dortmund bombs: Part of an elaborate scam? image
Source : BBC [Read Article] Friday 21st of April 2017 11:10:46 AM
....There are several ways a trader could have made money in this instance. The process used in Casino Royale is known as "short selling", and is basically when traders bet on a share price falling to make a quick profit. ...
Trump launches investigation into steel dumping image
Source : BBC [Read Article] Friday 21st of April 2017 07:41:27 AM
....He said exports had risen "despite repeated Chinese claims that they were going to reduce their steel capacity". "The artificially low prices caused by excess capacity and unfairly-traded imports suppress profits in the American steel industry," the administration said in a statement. ...
Borussia Dortmund bombs: 'Speculator' charged with bus attack image
Source : BBC [Read Article] Friday 21st of April 2017 06:59:39 AM
.... . He would have made large profits if the team's share price collapsed. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
....The climate change and industry minister, Nick Hurd, said the sale had been backed by the GIB’s independent board, and ensured that the £1. 5bn taxpayer investment had been recouped with a £200m profit. ...

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