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Profits

BUSINESS

Sony enjoys profit surge as sales jump

Digital Desk -
Sony's fiscal first-quarter profit has nearly quadrupled from a year earlier, boosted by its lucrative image sensor division and other businesses. The figures highlight a...
BUSINESS

BHS buyer ‘threatened to kill chain’s chief executive’

Digital Desk -
The man who bought BHS for £1 from Sir Philip Green threatened to kill the high street chain’s chief executive, a parliamentary hearing has...
BUSINESS

Shutters come down on BHS after no buyer is found for the retail chain

Digital Desk -
BHS is to disappear from the high street, resulting in the loss of up to 11,000 jobs, after administrators failed to find a buyer...
BUSINESS

Halfords profits edge higher as sales increase 1.5%

Digital Desk -
Profits at Halfords have nudged up as the retailer's turnaround continues under chief executive Jill McDonald. The car parts to bicycles firm said full year...
BUSINESS

Volkswagen profits tumble after emissions scandal

Digital Desk -
Volkswagen saw profits tumble by nearly a fifth at the start of 2016 as it continued to grapple with the fall-out from its global...
BUSINESS

Marks & Spencer’s chief warns over profits in price-cutting turnaround plan

Digital Desk -
Marks & Spencer's new boss Steve Rowe has pledged to slash prices and put more staff in stores to turn around its beleaguered clothing...
BUSINESS

Profits at Ryaniar expected to soar

Digital Desk -
The City will look for more details on how the new boss at Marks & Spencer plans to turn the retailer around, profits at...
BUSINESS

Virgin Media notches up record start to 2016

Digital Desk -
Telecoms giant Virgin Media said it notched up a record start to the new year as a jump in broadband customers helped offset a...
BUSINESS

Barclays annual profits fall to £5.4bn

Digital Desk -
Barclays has reported a fall in annual profits as it announced a group-wide shake-up and took a further hit for payment protection insurance (PPI)...
BUSINESS

Tesco third-quarter sales dip 1.5%

Digital Desk -
Tesco has posted a third quarter sales dip of 1.5% but said figures were up over the Christmas period. The retail giant has been battling...
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