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The Latest Breaking News from AB Foods

Primark owner ponders spin-off and separate listing in possible boost to City

Chief executive George Weston said the outcome of the review could mean spinning off Primark as a separately-listed entity in the UK.

Evening Standard

AB Foods considers spinning off Primark after annual profits fall

Associated British Foods announced a review of the structure of the group alongside its full-year financial results.

Evening Standard

FTSE 100 closes lower as geopolitical issues worry investors

Nato fighter jets shot down Russian drones over Polish airspace for the first time.

Evening Standard

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High street giants to reveal sales as bosses warn over rising costs

Primark’s owner Associated British Foods and John Lewis Partnership are set to give investors an update on recent trading.

Evening Standard

High street giants to reveal sales as bosses warn over rising costs

Primark’s owner Associated British Foods and John Lewis Partnership are set to give investors an update on recent trading.

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.

Evening Standard

FTSE eases on weak US data as Ukraine peace summit looms

Donald Trump and Vladimir Putin will meet later in Alaska.

Evening Standard

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Housebuilders push FTSE 100 to new high after Starmer vows to take on blockers

The Prime Minister said opponents of major infrastructure projects will have fewer chances to ‘frustrate growth’ through repeated legal challenges.

The Independent UK

Primark boss says weight of Budget tax rises ‘falling on high street’

George Weston, the chief executive of Primark owner Associated British Foods, said it was preparing for a big jump in business costs.

Evening Standard

Primark earnings jump higher despite weather hit to summer ranges

Owner Associated British Foods reported a 53% rise in operating profits at Primark, to £1.1 billion over the year to September 14.

Evening Standard

FTSE 100 Live 05 November: Vodafone merger boost, Primark owner rallies but ASOS posts big loss

The merger of Vodafone and Three today moved a step closer after the companies were told a huge 5G rollout could alleviate competition concerns.

Evening Standard

Primark drives strong sales at AB Foods as shoppers shrug off price hikes

Associated British Foods which also runs large grocery, ingredients and agriculture operations, said the backdrop is still ‘challenging’.

The Independent UK

Primark owner Associated British Foods buys National Milk Records for £48m

NMR, which has its head office in Wiltshire, provides provides milk and cow health testing and data services for farmers, milk buyers and vets

Birmingham Post

Primark issues cost warning as it pushes roll-out of its website

The company's owner cautioned over consumer spending in the second half as the cost-of-living crisis continues to put households under pressure

Wales Online

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The Guardian - UK

End of the good times for Persimmon as cracks appear in housing market

Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years

Daily Record

Primark issues major announcement on price rises over the next year

The fast-fashion chain has confirmed that customers will not see any further price rises across stores

Wales Online

Primark makes big announcement on price rises between now and next autumn

Primark like-for-like sales have broadly returned to pre-Covid levels in the UK,

Birmingham Post

Billionaire boss of Primark rules out home delivery as North West stores to trial click-and-collect service

The business said its new UK website, which launched in April, has proved popular

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Liverpool Echo

Primark launches online shopping with 2,000 products available

Primark to launch online shopping as new click-and-collect service confirmed

Wales Online

Primark to trial new click and collect service

Launch will see wider choice to people living near smaller stores

Chronicle Live

Primark prices will rise despite 'regret' over difficult decision

The budget fashion-chain broke the news in April that prices will have to go up

Daily Record

Primark chief 'regrets' difficult decision to raise prices on autumn and winter collection

Primark warned that it will increase prices on its autumn and winter collection as costs go up for businesses around the world.

Wales Online

Primark finance boss 'regrets' difficult decision on new prices

It follows a warning issued by the chain in April

Glasgow Live

Primark owner issues warning to everyone who shops in store amid cost of living crisis

Primark are warning all customers to expect price hikes as the budget friendly fashion giant are being impacted by the rising rate of inflation. Bosses say they will make 'selective' choices.

Nottingham Post

Primark autumn range prices to rise as costs increase

It will come as a crushing blow for many

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