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The Latest Breaking News from Kingfisher

Kingfisher shares hammered after B&Q owner warns on profits

CEO Thierry Garnier keeping watch on the Bank of England after high interest rates hit Polish market

Evening Standard

FTSE 100 Live: London blue-chips close up seven points, Kingfisher dives, oil at $95

A profit warning by B&Q owner Kingfisher and robust trading figures from Ocado provided the main interest in the FTSE 100 today.

Evening Standard

Oil hits $95 per barrel; CBI postpones annual meeting amid ‘cashflow challenges’ – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits 10-month high and CBI puts annual meeting on hold amid financial woes

The Guardian - UK

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Two batches of beer bottled at Nanjangud plant found ‘unfit for consumption’

Excise officials seize 74,678 boxes of Kingfisher beer from Mysuru plant after finding it "unfit for human consumption". An FIR has been registered against the manufacturers for violating guidelines. Value of seized beer estimated to be around ₹25 crore. No complaint received, sediments found after few days.

The Hindu

Here are the big stories from Karnataka today

Karnataka Today newsletter: Chandrayaan-3 just 1,437 km away from moon, and more

The Hindu

Excise Department stops sale of beer of one brand bottled on July 15 for being unsafe for consumption

Breweries manufacturing beer have to provide samples from every batch. Chemists in the Excise Department run tests to check whether the liquor is safe for consumption. In the batch bottled on July 15, there was some variation in yeast, which may have resulted in formation of sediments. As a result,…

The Hindu

Garden water butts get a long overdue design makeover

Traditional plastic rain barrels have often been hidden away but greater focus on conservation drives design changes

The Guardian - UK

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Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry

Charter fishing industry experts in southeast Alaska say they're eager to learn the cause of a tragedy that left five people dead or lost at sea

The Independent UK

Screwfix and B&Q owner Kingfisher reports 'resilient' core performance in latest results

Kingfisher said that trading in the first quarter remained stable but blamed wet weather for lower sales of items like garden furniture

Birmingham Post

Bad weather hits sales at B&Q owner Kingfisher

But the retailer doesn’t seem to be suffering from an inflation-induced pullback on spend

Evening Standard

Brits use more than double the amount of water they think they do each day, study finds

The average Brit currently uses a whopping 144 litres of water a DAY - enough to fill more than four large wheelie bins each week

Wales Online

Brits use whopping 144 litres of water a DAY - with 96 litres used having a shower

The average Brit could fill four large wheelie bins a week with the amount of water they use - but predict they use less than half of their actual amount

Daily Mirror

Why could some regions run out of water? Seven English regions at risk of shortage

Research has suggested that huge swathes of the country could face water scarcity in just a handful of years

Evening Standard

London could face ‘severe water stress’ within 20 years, analysis shows

Climate change is bringing hotter, drier summers and less predictable rain patterns – while water usage is increasing

Evening Standard

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Daily Mirror

Seven regions in England could run out of water by 2030 - see if you're affected

Water scarcity is a growing issue facing the UK and parts of the country have been in drought since last summer, but looking forward more and more parts of England could face severe water stress

Insider UK

CBI suspends policy and membership activities after exodus

A second unnamed employee alleged that she had been raped by a colleague in an article on Friday

Wales Online

B&Q and Screwfix 'opening more than 100 new stores this year'

"It is our responsibility to pursue growth quickly," the boss of the stores' parent company has said

Manchester Evening News

B&Q to open a brand new type of store across the UK in wake of ASDA partnership

More than 100 new B&Q and Screwfix stores are opening across the UK

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Daily Mirror

B&Q and Screwfix boss announces plans to open more than 100 new stores

Kingfisher wants to open at least 50 smaller B&Q stores and 60 more Screwfix sites, in what would be a huge boost for the struggling UK high street

Birmingham Post

Screwfix buyout deal saves 400 Birmingham jobs

Connect Distribution Services can look forward to new chapter after administration

Evening Standard

Kingfisher eyes London high streets for roll-out of smaller B&Q Local DIY stores

CEO Thierry Garnier tells The Standard of ‘worldwide trend’ for smaller formats

The Guardian - UK

B&Q could open at least 50 more smaller UK stores

DIY chain backs B&Q Local format as it reports 40% slide in pre-tax profits to £611m

Birmingham Post

Screwfix grows with new UK and France stores - and confirms wholesale deal that saves 400 jobs

It comes as the Somerset DIY brand’s parent firm Kingfisher reported profits had dropped by a fifth, with a further dip expected

The Independent UK

Over-65s being hit harder by energy prices due to energy inefficient homes

A recent report has revealed that when compared with their younger counterparts those over-65 were more likely to live in inefficient properties - adding to the rising cost of their bills

Wales Online

Over-65s are suffering more with energy prices - due to their inefficient homes

Over half of over 65s are living in properties with a EPC rating of 'D' or below, resulting in sky-rocketed energy bills

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