UK's Frasers 'working hard' to offset cost hit as sales improve

NAMPA / DPA

2025-07-17

London (PA Media/dpa) - British high street retail giant Frasers said it was working hard to offset soaring wage costs, but had seen "more encouraging" trading after a challenging end to 2024. The Sports Direct owner reported a 2.8% rise in underlying pre-tax profits to £560.2 million ($750.8 million) for the year to April 27, despite a 7.4% drop in revenues to £4.9 billion. Second-half profits jumped 8.3% as it recovered from a tough end to 2024......

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Economy

Lieferando to lay off around 2,000 couriers in Germany by end of year

2025-07-17 16:34:46

DEVELOPING

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by end of year

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US import prices inch up less than expected in June

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Malta's inflation eases to 2.5%

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UK unemployment jumps to highest since 2021 as wage growth slows

2025-07-17 14:02:31

Fewer people claimed 'non-dom' tax status in UK ahead of crackdown

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Irish trade surplus grows sharply in May

2025-07-17 13:31:58

Portugal's producer prices fall 3%

2025-07-17 13:31:57

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