Advertisement
UK markets open in 1 hour 59 minutes

  • NIKKEI 225

    37,162.06
    -917.64 (-2.41%)
     

  • HANG SENG

    16,184.02
    -201.85 (-1.23%)
     

  • CRUDE OIL

    84.25
    +1.52 (+1.84%)
     

  • GOLD FUTURES

    2,398.40
    +0.40 (+0.02%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • Bitcoin GBP

    50,286.15
    +649.25 (+1.31%)
     

  • CMC Crypto 200

    1,290.26
    +404.72 (+45.68%)
     

  • NASDAQ Composite

    15,601.50
    -81.87 (-0.52%)
     

  • UK FTSE All Share

    4,290.02
    +17.00 (+0.40%)
     
Money:

Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

Laura Ashley reports 15 pct jump in first-half profit

Reuters - UK Focus

Sept 5 (Reuters) - Fashion and homewares retailer Laura Ashley Holdings Plc reported a 14.9 percent rise in first-half pretax profit, helped by strong growth in online sales in the UK.

The company said pretax profit rose to 8.5 million pounds ($13.9 million) in the 26 weeks to July 26 from 7.4 million pounds a year earlier.

Total (NYSE: TOT - news) group sales rose 4.9 percent to 144 million pounds.

The retailer said e-commerce revenue rose 6.1 percent to 22.5 million pounds during the period.

The 61-year-old company, which is known for its feminine and floral designs, said like-for-like sales were up 8 percent in the five weeks to Aug. 30.

($1 = 0.6127 British Pounds) (Reporting by Roshni Menon and Aastha Agnihotri in Bangalore; Editing by Gopakumar Warrier)