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16th of October 2010
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News Tag: pre-tax profits

September 28, 2010

Catastrophes hit Lloyd’s of London profits

by Kay Murchie
...




August 23, 2010

Bovis: Consumers hit by spending cuts and tax hikes

by Kay Murchie
Bovis: Consumers hit by spending cuts and tax hikes
Housebuilder Bovis Homes has today claimed the coalition Government’s spending cuts and tax hikes have dented consumer confidence. Its claim comes as the company reported a pre-tax profit of £3.5 million in the first half of 2010, compared with a loss of £8.6 million for the same period last year, Meanwhile, it added it planned to pay a full-year dividend ...




May 25, 2010

M&S announces 4.6% rise in pre-tax profits

by Kay Murchie
”M&S
British retailing giant, Marks and Spencer (M&S;), has today announced pre-tax profits totalled £632.5 million for the 12 months to 27 March - a rise of 4.6% on the same period a year ago. UK like-for-like sales, which strip out the impact of new store openings, grew 0.9% over the 12-month period. Sales of general merchandise, which includes clothes, increased ...




March 25, 2010

Next pre-tax profits up 18%

by Kay Murchie
”Next
Fashion chain Next has today announced its pre-tax profits for the 2009 year rose 18% to £505.3 million. The retailer said annual revenues rose to £3,406 million, from £3,271.5 million the previous year. Chairman of the fashion chain, John Barton, described 2009 as "an extraordinary year" and added it had seen a “marked improvement" in its ranges as the company became much faster in ...




March 11, 2010

John Lewis staff share £151m bonus pot

by Kay Murchie
John Lewis staff share £151m bonus pot
John Lewis Partnership, the renowned employee-owned department store, has revealed its staff will share a bonus pot of £151 million. The announcement came after the 146-year-old group said annual pre-tax profits grew 9.7% to £306.6 million. According to John Lewis chairman, Charlie Mayfield, the company's 70,000 staff - or partners, as John Lewis refers to them - will receive payouts equal ...




March 3, 2010

Standard Chartered profits surge 13%

by Kay Murchie
”Standard
London-based bank Standard Chartered today announced a rise in pre-tax profits - meeting analysts expectations. The bank, which has a strong presence in Asia, said pre-tax profits in 2009 were £3.4 billion ($5.15 billion), a rise of 13% on 2008 figures. Meanwhile, revenue was up 9% to £10.14 billion ($15.18 billion). However, while many other banks have opted not to take their multi-million pound bonuses ...




November 10, 2009

Vodafone hints at further job cuts amid cost-cutting programme

by Kay Murchie
”Vodafone
Telecoms company Vodafone is seeking to increase its £1 billion cost-cutting programme by a further £1 billion by 2012 as a result of a sharp decline in revenues from its core UK market. The company, which is the world's largest mobile phone operator, is struggling amid the global economic downturn and has already announced hundreds of job losses ...





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