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MARKET REPORT: Home improvement boom boosts Dunelm


Sales boomed at Dunelm as shoppers flocked back to its bricks-and-mortar stores once Covid restrictions loosened over the spring.
Customers stocked up on cushions and bedding as the retailer brought in revenues of £380million in the 13 weeks to June 26.
This was double the same period of last year, which covered the first and strictest UK lockdown. 
Soaring sales: Shoppers flocked back to Dunelm s bricks-and-mortar stores once Covid restrictions loosened over the spring
And it was 44 per cent higher than in 2019, which many view as a better comparator.  Over 12 months, Dunelm s sales have risen by a quarter to more than £1.3billion. ....

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Market Report: FTSE climbs back up after Bitcoin's volatility drama dominated the trading stage


Market Report: FTSE climbs back up after Bitcoin s volatility drama dominated the trading stage
FTSE 100 rallied after the cryptocurrency inspired carnage of yesterday that at one point saw Bitcoin shed 40% of its value. London’s blue-chip index was 24 points to 6,975.
Britain has a nationalised rail service again or Great British Railways to be precise as the government announced its long-awaited shake-up. GBR will handle timetables, prices, tickets and rail infrastructure while train operators will run the service on a fee basis.
Royal Mail Group PLC (LON:RMG) has restarted dividend payments as the surge in parcel deliveries during Covid-19 lockdown periods sent profits up four-fold to £726mln. The postal group added it now has the “breathing space to transform”. ....

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