MARKET REPORT: Genus hits record high as it beefs up profit forecast

Shares in animal genetics business Genus hit an all-time high as it brought home the bacon for investors. The company, which selectively breeds livestock and sells bull and pig sperm to farmers, said it was hiking its profit forecasts following a ‘strong’ performance in the six months to December 31. It is now expecting a … Read more MARKET REPORT: Genus hits record high as it beefs up profit forecast

Recruiter Page Group is hit by a 20% profit loss as the pandemic and Brexit fears take their toll

Recruiter Page Group is hit by a 20% profit loss as the pandemic and Brexit fears take their toll By City & Finance Reporter for the Daily Mail Published: 22:05 GMT, 13 January 2021 | Updated: 22:05 GMT, 13 January 2021 Recruiter Page Group’s gross profits tumbled by a fifth for the end of 2020 … Read more Recruiter Page Group is hit by a 20% profit loss as the pandemic and Brexit fears take their toll

ainsbury’s records £330million profit for 2020 after Christmas and Black Friday trading surge

Sainsbury’s records £330million profit for 2020 after Christmas and Black Friday trading surge with 1.1MILLION online orders in the 10 days before Christmas Britain’s second largest supermarket chain thought profit would be £50m less  Huge sales from Black Friday and just before Christmas catapulted revenue up Sainsbury’s also owns Argos, which saw sales rise 8.4% … Read more ainsbury’s records £330million profit for 2020 after Christmas and Black Friday trading surge

You can drive into profit as number plate prices boom

You can drive into profit as number plate prices boom – but it’ll cost you millions if you want to show you are No1 Surge in demand for personalised car number plates during the pandemic The increase in sales has helped the value of the most sought-after plates rise  Number plates can change hands for … Read more You can drive into profit as number plate prices boom

Will 2021 see the end of free banking as banks struggle to turn a profit?

At the start of September, buried in an otherwise nondescript update about changing terms and conditions, the digital bank Starling made an unusual announcement. From 4 November, the bank would ‘introduce an interest rate of -0.5 per cent on deposits over €50,000’ held in its euro account.  Starling had become the first British bank to … Read more Will 2021 see the end of free banking as banks struggle to turn a profit?

Mike Ashley’s Frasers Group forced to trim back profit forecasts

Mike Ashley’s Frasers Group forced to trim back profit forecasts as retailers face much leaner Christmas than had been hoped The firm said guidance of a 20 to 30 per cent boost in profits now unlikely  Frasers Group includes Sports Direct, House of Fraser, Evans Cycles and Game By This Is Money Published: 10:54 GMT, … Read more Mike Ashley’s Frasers Group forced to trim back profit forecasts

Garry Lyon and Nicky Brownless make a $200,000 profit on Melbourne home

AFL couple Garry Lyon and Nicky Brownless make a $200,000 profit as they sell their Melbourne love nest for $3.37million By Louise Starkey and Candice Jackson For Daily Mail Australia Published: 04:26 GMT, 14 December 2020 | Updated: 04:26 GMT, 14 December 2020 Garry Lyon and Nicky Brownless have sold their home in Armadale, Melbourne, … Read more Garry Lyon and Nicky Brownless make a $200,000 profit on Melbourne home

Ocado raises its expected profit forecast again

Ocado hikes profit forecast again after record online grocery purchases during the pandemic Ocado’s retail revenues shot up by almost £150m to £579.6m during the quarter Its anticipated EBITDA for the 2020 financial year is now predicted to be £70m Market research agency Kantar estimates sales could reach £12bn this month  By Harry Wise For … Read more Ocado raises its expected profit forecast again

Funds set to benefit from the green revolution: How Isa investors can profit by backing clean energy

The first in a series of articles investigating growth sectors, developing technologies and niche themes that adventurous private investors can back in their Isas – and how they might do so. It doesn’t take a genius to work out that many companies in the green energy and infrastructure sectors will thrive in the coming years. … Read more Funds set to benefit from the green revolution: How Isa investors can profit by backing clean energy

Bake Off judge Prue Leith sells her 17th century manor house for £10m profit

As a judge on The Great British Bake Off, Prue Leith is all-too-aware of the vital importance of timing. And it’s not just in the kitchen where she’s achieved success. I hear the amiable chef has managed to cash in on the country house price boom during the pandemic by selling her rural retreat for … Read more Bake Off judge Prue Leith sells her 17th century manor house for £10m profit