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Shanghai 3,747.90 -38.67 (-1.02%)
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Kingfisher to close 60 B&Q stores in Britain
LONDON (Reuters) - Kingfisher (KGF.L), Europe's biggest home improvement retailer, said on Tuesday it planned to close about 60 underperforming B&Q stores in Britain as the group posted a 7.5 percent fall in annual profit.
B&Q to close one in six stores and sack UK boss in major shakeup  
Why is B&Q closing 60 stores?  
Market Chart
6,882.11 -9.32 (-0.14%)
17,266.91 +58.81 (0.34%)
3,717.32 -2.11 (-0.06%)
3,813.55 +12.65 (0.33%)

Top stories

Honda's struggling UK operation has been given a shot in the arm with the announcement that it will become the sole producer of one of the carmaker's most popular models.
The FINANCIAL -- On March 30, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies.
Just in: Germany's unemployment rate has hit a new all-time low of 6.4%, as Europe's largest economy continues to recover.
Rory Cullinan has resigned as head of Royal Bank of Scotland's investment bank arm a month after taking on the role. According to reports Cullinan, who joined RBS in 2008, clashed with other senior executives at the state-owned lender on strategy and will ...
After a turbulent six months, travel company Thomas Cook is set to meet trading forecasts but the storm in Europe could still throw the British company off course.

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