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Finance: Inflation could soar after Covid-19 pandemic huntspost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huntspost.co.uk Daily Mail and Mail on Sunday newspapers.
Kingfisher (Mail on Sunday) B&Q and Screwfix-owner Kingfisher had an “extraordinary” 2020. The DIY group has benefited from “our desire to make the same four walls look nicer”. But the firm owes its success to more than the lockdown boom: CEO Thierry Garnier’s five-year plan has focused on improving performance in France, a key market, cutting some costs and investing in its digital presence. Turnover for the year to 31 January 2021 was up by 7.2% to £12.3bn and pre-tax profits grew from £103m in 2019 to £756m in 2020. The firm’s cash pile is “reassuring on the dividend front”, and its long- term strategy “seems to be paying off”. ....
Money: Why it is wise to invest in good financial advice | East Anglian Daily Times eadt.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eadt.co.uk Daily Mail and Mail on Sunday newspapers.
Much has been made of the ‘wall of money’ built by UK savers over the past 12 months and it’s reasonable to assume that a sizeable proportion of these funds will be spent once normality returns. However, an equally colossal sum will be saved and invested as people undertake a prolonged (and ongoing) period of post-pandemic financial planning. But where will they invest? In a recently-vacated butcher’s shop on a quiet village high street? If that doesn’t appeal, how about investing in companies such as airlines whose shares have taken a hammering over the past year? The investment adage ‘buy when there’s blood on the streets’, attributed to Baron Rothschild following the Battle of Waterloo, may roll blandly off the tongue, but it takes a brave person to execute those instructions with his or her own money. ....
Money: Why it is wise to invest in good financial advice ipswichstar.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipswichstar.co.uk Daily Mail and Mail on Sunday newspapers.