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Paint and sofas sell well as Britons are priced out of moving home or undertaking pricey renovationsBusiness live – latest updatesRetailers of home improvement products are having a glittering year on the London stock market, as cash-strapped UK consum…
Kingfisher says garden accessories, outdoor paint and plants sold well because of good weather in the UKBusiness live – latest updatesThe owner of B&Q and Screwfix has upgraded its profit forecast after reporting strong demand for new kitchen range…
Parent groups of Primark and B&Q hit as analysts say jobs and inflation concerns could affect salesBusiness live – latest updatesFears that UK consumers will rein in spending in the second half of this year has knocked the values of some of Britain…
Plea about ‘de minimis’ rule, which has underpinned the rise of the online specialists Shein and TemuRachel Reeves must intervene to assist British retailers by ending an imports tax break that favours Chinese online rivals and rethinking plans for hig…
Government accused of increasing retailers’ NI contributions and business rates but aiming to cut tax for big techBusiness live – latest updatesThe owner of B&Q has called on Rachel Reeves to reconsider planned tax increases for retailers before We…
UK business lifted by ‘improve not move’ trend and interior design videos on TikTokThe owner of B&Q and Screwfix issued its second profit warning in three months after weak sales in France but said its UK business is being boosted by the “improve n…
Kingfisher says people are staying put as mortgage interest rates and household bills soarBritish consumers are continuing to spend on improving their homes and gardens as an alternative to moving home amid soaring mortgage rates and a surge in househo…
DIY chain backs B&Q Local format as it reports 40% slide in pre-tax profits to £611mB&Q could open at least 50 small and medium-sized stores across the UK as it adapts to demand for more convenient local stores where goods ordered online can be…