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Profits

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...
BUSINESS

Royal Mail earnings hit by declining letters business

Digital Desk -
Royal Mail said it saw a “resilient” first half despite reporting a drop in earnings as ongoing falls in the numbers of letters being...
BUSINESS

Ryanair sees profits fly high for first half of year

Digital Desk -
Ryanair have announced that their profits for the first half of 2015 have risen 37% to just over €1bn. The budget airline also announced that...
BUSINESS

HSBC quarterly profit surges by third as costs fall

Digital Desk -
HSBC Holdings reported in Hong Kong that pre-tax profit has jumped by a third in the latest quarter as it paid out less in...
BUSINESS

RBS endures sharp fall n Q3 profits

Digital Desk -
British taxpayer-backed Royal Bank of Scotland has revealed a sharp fall in third-quarter profits. Pre-tax profit before one-time items and restructuring costs came in at...
BUSINESS

Apple boss Tim Cook hails results as ‘most successful year ever’

Digital Desk -
Apple sold 48 million iPhones in the last three months – slightly lower than analysts expected, but the company still recorded a profit of...
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