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B&Q owner Kingfisher urges Reeves to rethink tax rises for retailers

Government accused of increasing retailers’ NI contributions and business rates but aiming to cut tax for big tech

B&Q owner says budget uncertainty hit spending and tax rise will cost it £31m

Kingfisher says it faced weak market in October, as Greggs also complains of cost of national insurance increase

B&Q owner Kingfisher reports weak demand for kitchens and bathrooms

Shares in FTSE 100-listed company rise after it reports improved full-year profit forecast

Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – as it happened

Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out

B&Q owner Kingfisher warns of lower profits as DIY market slows

Company’s shares fall as it says it is to reduce costs, which suggests it could cut staff

B&Q owner issues another profit warning after weak sales in France

UK business lifted by ‘improve not move’ trend and interior design videos on TikTok

B&Q owner cashes in as Britons improve homes rather than move

Kingfisher says people are staying put as mortgage interest rates and household bills soar

Garden water butts get a long overdue design makeover

Traditional plastic rain barrels have often been hidden away but greater focus on conservation drives design changes

B&Q could open at least 50 more smaller UK stores

DIY chain backs B&Q Local format as it reports 40% slide in pre-tax profits to £611m

Sales boost for B&Q and Screwfix owner amid rush for energy-saving products

Kingfisher says sales of loft insulation roll more than double while smart thermostats rose by nearly a third

City braces for sharp hike in UK interest rates; Roubini predicts ‘long, ugly’ recession – as it happened

Money markets suggest the Bank of England could raise rates from 1.75% to 2.5% this week, and 3.75% by end of 2022, as policymakers try to get to grips with soaring inflation

Shares slide as UK retailers join households facing a grim winter

Businesses from bars to shops are buckling under the strain of energy bills and damage to trade and staffing

B&Q owner Kingfisher’s profits fall 30% amid cost of living crisis

Chief executive calls on government to give more support to people on lower incomes in mini-budget

THG boss should count the blessings of life as a listed company

Matt Moulding may be tempted by a private bid for the online retailer, but the grass is not always greener elsewhere

B&Q owner Kingfisher ‘managing inflation’ as DIY demand continues

Retailer launches £300m share buyback as it retains most of sales increase during Covid pandemic

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← Older posts
  • FTSE 100 share index hits 9,000 points for the first time; UK government considers reforms to Isas and savings – business live
  • Thames Water boss warns of decade-long turnaround as losses hit £1.6bn
  • Starbucks tells corporate staff in US and Canada to work in office at least four days a week
  • FTSE 100 breaks through the 9,000-point barrier to reach new record high
  • Thousands of vehicles sit idle at EU port as Trump’s tariffs leave their mark
  • Fear of being ordered back to office affecting UK staff wellbeing, poll finds
  • To hoard or not to hoard? UK consumers on the pros and cons of cash
  • Reeves to say cuts to City red tape will bring trickle-down benefits to households
  • Hot weather lifts UK spending as fans and sports gear add to sales
  • From Tammy to Tamagotchi: Hamleys releases list of 100 top toys of all time
  • Buyers of new EVs under £37,000 can get discount under UK scheme
  • UK’s clean electricity growing too slowly to meet climate targets, report says
  • UK politics: Tories’ energy policy shows they are ‘anti-science, anti-jobs, anti-future’ Miliband tells MPs – as it happened
  • Trump’s 30% tariffs would eliminate EU-US trade, says chief negotiator Šefčovič
  • Post Office could hand ownership to staff amid review after Horizon scandal
  • Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – as it happened
  • English water firm doubles CEO’s pay despite ‘elevated concern’ over finances
  • Pound drops after Bank of England says it could further cut interest rates if jobs market slows
  • Thames Water announces hosepipe ban as dry weather depletes reservoirs
  • US undocumented farm workers feel ‘hunted like animals’ amid Trump’s immigration raids
  • Tax pubs on profit not turnover, urges Greene King boss
  • O2 decided my phone order was fraud and shut my account
  • Sales of UK country houses rise as buyers tempted out by lower prices
  • Number of UK job hunters rises at fastest rate since Covid pandemic
  • The Guardian view on Brics growing up: A new bloc seeks autonomy – and eyes a post-western order
  • Turn empty London office blocks into ‘late-night party zones’, report suggests
  • Macron calls on EU to ‘defend European interests resolutely’ from Trump tariffs
  • UK government announces £63m funding for EV charging infrastructure
  • Why Labour should target happiness alongside economic growth
  • ‘Short hair is dying out’: 30% rise in cost of UK haircuts, not fashion, is driving the change

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