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The Latest Breaking News from Kingfisher

B&Q and Screwfix owner hails ‘rapid progress’ as profits jump

Kingfisher, which also owns French brand Castorama, revealed that pre-tax profits rose by 23% to £378 million for the year to January 31.

Evening Standard

FTSE 100 extends slide as Brent crude tops 90 dollars a barrel

For the week, the FTSE 100 was down 5.7%, the FTSE 250 fell 5.3% and the AIM All-Share dipped 4.2%.

Evening Standard

DIY shops enjoy bumper year as UK property market slows

Paint and sofas sell well as Britons are priced out of moving home or undertaking pricey renovations

The Guardian - UK

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B&Q owner holds firm – but others might struggle if a ‘softening’ retail market turns soggy

Kingfisher may be thriving, but its numbers mask a retail landscape that looks increasingly fragile as budget looms

The Guardian - UK

What Budget rumours are doing to the FTSE 100

Banking stocks had a lift amid rumours the sector will be spared a tax hit

The Independent UK

Stocks rise and pound climbs as Budget rumours swirl

Chancellor Rachel Reeves is due to deliver her statement to the Commons on Wednesday.

Evening Standard

B&Q firm Kingfisher lifts profit target despite ‘softer’ UK market

Shares in the group, which runs more than 1,800 stores globally, moved higher on Tuesday morning.

Evening Standard

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FTSE 100 Live 25 November: Kingfisher and AO World rally on new guidance, easyJet shares falter

Kingfisher, easyJet and AO World are in the spotlight after posting results or updates today.

Evening Standard

FTSE 100 hits record high after optimistic UK economic reports

For the week, the FTSE 100 rose 3.1%, the FTSE 250 advanced 3.4% and the AIM All-Share went up 0.7%.

Evening Standard

B&Q’s owner defies the gloomsters. But it wasn’t unpredictable

Tightly run DIY retailer benefits from trade customers and good weather

The Guardian - UK

Kingfisher flies but FTSE 100 loses early gains

The FTSE 100 Index closed down 3.36 points at 9,223.32.

Evening Standard

B&Q owner lifts profit forecast amid strong demand for kitchens

Kingfisher says garden accessories, outdoor paint and plants sold well because of good weather in the UK

The Guardian - UK

B&Q owner lifts targets as sales boosted by weather and Homebase closures

Kingfisher reported a rise in profits and said they are set to reach the ‘upper end’ of current targets.

Evening Standard

B&Q sales surge as DIY giant capitalises on Homebase store closures

Their major rival Homebase shut more than 50 stores by March after tumbling into administration

The Independent UK

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Evening Standard

FTSE 100 Live 23 September: Kingfisher shares jump on new guidance, UK output slows

Strong trading at BQ and Screwfix today led to a profit upgrade by the FTSE 100-listed retailer Kingfisher.

Evening Standard

Stocks dip amid Trump’s Fed move and French worry

The FTSE 100 index closed down 55.60 points, 0.6%, at 9,265.80.

The Guardian - UK

UK retail shares fall amid fears of squeeze in consumer spending

Parent groups of Primark and B&Q hit as analysts say jobs and inflation concerns could affect sales

Newslaundry

Decoding Mallya’s 259-minute spin job: From king of good times to podcast prince of excuses

When Raj Shamani – a role model for much of India’s Gen Z – sat across Vijay Mallya for a podcast lasting 258 minutes and 47 seconds – what we ended up with wasn’t just highly viral content but also a carefully constructed image management exercise vaguely masquerading as some…

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Evening Standard

FTSE drops back amid retail weakness and higher bond yields

London’s top index finished down by 0.59%, or 52.04 points, to close at 8,726.01.

Evening Standard

Warm weather boosts B&Q’s DIY and garden sales

B&Q owner Kingfisher said UK and Ireland like-for-like sales jumped 5.9% higher in the three months to April 30.

Evening Standard

FTSE 100 Live 28 May: Thames Water hit by record fine, weather boosts B&Q sales

In-demand Rolls-Royce and BAE Systems today offset a 3% reverse for BQ owner Kingfisher as the FTSE 100 index stayed in sight of record territory.

Ideal Home

Cleaning experts reveal the quick way to clean your BBQ with beer - all you need is a leftover can or bottle

Beer and BBQs go hand in hand anyway...

Evening Standard

London stocks make gains after drop in inflation

The FTSE 100 finished 25.79 points, or 0.3%, higher to end the day at 8,689.59.

Evening Standard

FTSE makes gains after boost from positive Shell shares

The FTSE 100 finished 25.79 points higher to end the day at 8,663.8.

The Guardian - UK

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

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