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At the end of last year, the UK government passed an Act that – from 1 January 2027 – will dramatically increase the cost of
Regular readers will know that I like to take the excuse of some downtime over the festive break to put pen to paper and try
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I have just come back from an intense trip to Asia – including visiting Shenzhen for the first time in over a decade. Last time
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Currys upgrades profit outlook after strong festive trading. The electronics retailer reported that peak period like-for-like revenue rose 6%, with UK&I up 3% and Nordics up 12%. The group now expects full-year adjusted pre-tax profit of £180m–£190m, ahead of prior guidance.
Premier Foods sees Q3 revenue lift on strong festive trading. The Bisto and Mr Kipling owner reported Q3 branded revenue up 5.2%, with total revenue up 4.1%, driven by new product launches and strong festive trading. The group now expects full-year trading profit at the top end of expectations.
Netflix beats Q4 expectations as Warner Bros bid advances. The streaming group posted Q4 revenue of $12.1bn, ahead of forecasts, and guided to 2026 revenue of $50.7–$51.7bn. Results come as Netflix presses ahead with its $82.7bn all-cash bid for Warner Bros Discovery.
Burberry reports solid end to the year. The luxury group reported festive-quarter revenue of £665m, up 2%, with comparable sales up 3%. Growth was driven by China and double-digit gains among Gen Z customers, alongside improved retail productivity.
JD Wetherspoon posts strong festive sales. The pub operator reported Q2 like-for-like sales up 6.1%, with Christmas up 8.8%. However, higher energy, wage and operating costs are set to weigh on first-half profits and full-year results.
IKEA steps up India expansion plans. The furniture retailer will more than double investment in India to over $2.2bn over five years, as it expands store count and online coverage. The group aims to grow India sales materially and increase local sourcing and production.
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