DIY shops enjoy bumper year as UK property market slows
Paint and sofas sell well as Britons are priced out of moving home or undertaking pricey renovationsBusiness live – latest updatesRetailers of home improvement products are having a glittering year on the London stock market, as cash-strapped UK consumers turn to DIY projects after being priced out of moving home or undertaking expensive renovations.Publicly listed retailers including the B&Q owner, Kingfisher, as well as Topps Tiles, Wickes and the sofa seller DFS are on track for double-digit percentage share price increases of as much as 56% this year. Continue reading...
Paint and sofas sell well as Britons are priced out of moving home or undertaking pricey renovations
Retailers of home improvement products are having a glittering year on the London stock market, as cash-strapped UK consumers turn to DIY projects after being priced out of moving home or undertaking expensive renovations.
Publicly listed retailers including the B&Q owner, Kingfisher, as well as Topps Tiles, Wickes and the sofa seller DFS are on track for double-digit percentage share price increases of as much as 56% this year. Continue reading...
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