Thomas Cook: How company thrived in public ownership and profits exceeded £19million
THOMAS COOK collapsed yesterday and a row has broken out over the Government’s refusal to bail it out – now, unearthed reports reveal that the company was previously Government-owned for 24 years and thrived in that time. Daily Express :: Travel Feed
Barratt building on £835m profits
BARRATT Developments sold its largest number of homes for a decade and insisted there is room for further growth as it shrugged off Brexit uncertainty to post a record annual profit. Britain’s biggest house-builder completed 17,579 homes in the year to June 30, up 1.1 per cent on the previous year, while the average selling […]
Barclays finally turns corner to treble profits
BARCLAYS has begun to show “its true potential” after second-quarter profits nearly trebled as it emerged from years of misconduct and litigation costs. Daily Express :: Finance Feed
Jet2 owner predicts soaring profits
THE owner of Jet2.com and Jet2holidays is flying high after growing demand for flights and package holidays put it on course for bumper annual profits. Shares in Dart Group hit a 9991⁄2p high, up 2591⁄2p, as it predicted pre-tax profit in the year to next March would be substantially ahead of expectations. Daily Express :: […]
Next hits 25-year low as profits tumble by 8%
NEXT suffered an 8 per cent drop in annual profit and is set for its third straight decline this year after its most “challenging” period for a quarter of a century. Daily Express :: Finance Feed
Netflix: It’s full stream ahead with huge leap in profits set to be posted
NETFLIX is set to post a near 200 per cent leap in profits thanks to hits such as Stranger Things, The Crown and Mindhunter, analysts on Wall Street say. Daily Express :: Finance Feed
Fuller reports 10% rise in profits despite facing increasing cost and economic pressures
FULLER, Smith & Turner has reported a 10 per cent jump in half-year profits despite facing “unprecedented” cost and economic pressures, but warned political uncertainties in the UK could still hit the business. Daily Express :: Finance Feed
Low pound hits profits at easyJet as boss sets to step down
EASYJET’S outgoing chief executive Dame Carolyn McCall will bow out by unveiling that the airline’s full-year pretax profits have nosedived 18.9 per cent to £401.3million on Tuesday. Daily Express :: Finance Feed
Ryanair lifts profits but takes £22 million hit from flight cancellation fiasco
BUDGET airline Ryanair will suffer a €25 million blow in the wake of its flight cancellation fiasco, but has still bolstered half-year profits by 11 per cent. Daily Express :: Finance Feed
HSBC profits SOAR thanks to Asia loans
HSBC’S quarterly profits soared to $ 4.62billion as it pushed ahead with cost-cutting and reaped the rewards of growth in Asian markets. Daily Express :: Finance Feed