In its peak trading update, U.K. electrics retailer Currys, reported strong trading and an uplifted profit outlook.
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Currys has joined the throng of retailers who enjoyed a strong peak festive trading period, and this week’s confirmation of a return to dividend payments comes as an additional bonus.
Alex Baldock (pictured) said the Currys will not hire as many staff in the UK after Rachel Reeves hit business with a £25bn hike in National Insurance.
Despite the extra costs, Currys hiked its full-year profit outlook after robust festive trading, sending its shares surging 11% in Wednesday morning trading. It posted a 2% rise in UK like-for-like ...