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The Latest Breaking News from Kingfisher

Boss of B&Q and Screwfix owner Kingfisher quits after seven years

IN FULL

The Independent UK

Boss of B&Q owner Kingfisher quits after seven years to join European supermarket giant

Thierry Garnier joined Kingfisher as chief executive before the Covid-19 pandemic struck

The Independent UK

Boss of B&Q owner Kingfisher quitting to head up Netherlands-based supermarket

Thierry Garnier joined Kingfisher as chief executive in September 2019.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

City veteran Ian Cheshire chosen to be new chair of Ofcom

Former Channel 4 chair and boss of Kingfisher to be appointed at crucial time for UK’s media regulator

The Guardian - UK

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

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

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Evening Standard

Kingfisher flies but FTSE 100 loses early gains

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

The Guardian - UK

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

Evening Standard

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.

The Independent UK

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

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news in one place.

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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…

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.

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