Advertisement
UK markets closed

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • CRUDE OIL

    78.30
    -0.08 (-0.10%)
     

  • GOLD FUTURES

    2,323.30
    -0.90 (-0.04%)
     

  • DOW

    38,884.26
    +31.99 (+0.08%)
     

  • Bitcoin GBP

    50,191.89
    -542.00 (-1.07%)
     

  • CMC Crypto 200

    1,307.67
    -57.45 (-4.21%)
     

  • NASDAQ Composite

    16,332.56
    -16.69 (-0.10%)
     

  • UK FTSE All Share

    4,522.99
    +53.90 (+1.21%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

British brewer Greene King's full-year profit beats expectations

Reuters - UK Focus

July 1 (Reuters) - British pubs operator Greene King Plc (LSE: GNK.L - news) reported a better-than-expected full-year profit and said its retail business generated revenue of more than 1 billion pounds for the first time.

The group, which operates almost 1909 pubs, including Hungry Horse, as well as breweries, reported a pretax profit of 168.5 million pounds ($264.51 million) for the 52 weeks ended May 3.

That compared to analysts' estimate of 166.76 million pounds, according to Thomson Reuters I/B/E/S.

Revenue rose 3 percent to 1.31 billion pounds.

($1 = 0.6370 pounds) (Reporting by Aastha Agnihotri in Bengaluru; Editing by Anupama Dwivedi)