Category : Search result: high street profits


M&S profits plunge 90% after cyber attack

Retail giant Marks & Spencer reveals devastating financial impact of cyber attack as annual profits nearly wiped out, dropping from £32.4 million to just £2.5 million.

BP profits plunge 70% as oil prices retreat

BP reports staggering 70% profit drop as oil prices retreat from Ukraine war peaks. Discover how the energy titan is navigating market turbulence while maintaining shareholder payouts.

Poundland closes four London stores

Major changes hit London's high streets as Poundland confirms permanent closure of four capital locations, leaving shoppers disappointed.

Oxford Street Christmas Lights Switch-On Tonight!

London's most famous shopping street transforms into a winter wonderland as the spectacular Christmas lights are officially switched on this evening, marking the start of the festive season.

Salesforce UK profits surge 82% despite job cuts

Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.

Welsh village beats London for UK's best high street

A charming village high street in Crickhowell, Wales has been crowned the best in the UK, beating fierce competition from London neighbourhoods with its unique community spirit and independent shops.

Ryanair profits jump 42% on higher air fares

Europe's largest budget airline reports staggering profit surge driven by higher ticket prices and strong summer demand, with passenger numbers hitting new heights.

West London bank branches closing: Full list

Multiple high street banks including Lloyds, Santander and Barclays are permanently closing branches across West London, leaving residents and businesses concerned about access to essential banking services.

Poundland, Morrisons Store Closures: Full November 2025 List

Britain's retail landscape faces another brutal month as Poundland, Morrisons and multiple chains announce widespread store closures. Discover which locations are disappearing from your high street and what it means for local communities.

Next sales surge 8.6% beating forecasts

British fashion giant Next reports impressive 8.6% full-price sales growth in latest quarter, outperforming market expectations as customers return to physical stores and embrace new collections.

HMV's High Street Comeback: 24 Stores Reopening

The iconic music and entertainment retailer HMV is staging a major comeback with 24 stores set to reopen nationwide, bringing vinyl, pop culture merchandise and community events back to British high streets.

HMV Expands Vinyl Stores Across UK & Ireland

The legendary music chain HMV is making a triumphant return to the high street, announcing ambitious expansion plans that will bring new vinyl-focused stores to key locations across the UK and Ireland throughout 2024.

AI Bubble Fears Overshadow Tech Titans' Earnings

As Microsoft, Alphabet and Meta report impressive quarterly results, growing investor anxiety about an artificial intelligence bubble threatens to dampen the celebration. Discover why Wall Street is getting nervous about the AI gold rush.

Alphabet Smashes Records With £89.5 Billion Quarter

Google's parent company Alphabet reports another blockbuster quarter, with revenue soaring to £89.5 billion driven by AI breakthroughs and cloud computing dominance. Discover how the tech giant continues to defy market expectations.

European banks miss out as Wall Street deal boom returns

As US investment banks celebrate resurgent 'animal spirits' and soaring profits from revived M&A and IPOs, their European counterparts watch from the sidelines, missing out on the lucrative post-pandemic deal frenzy.

Next profit upgrade defies UK retail gloom

Fashion giant Next surprises markets with second profit upgrade, suggesting British shoppers remain resilient despite economic pressures. Strong third-quarter sales point to potential retail sector recovery.

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