Department Stores
Frasers warns of £50m budget hit despite FY25 profit rise
Following an ‘especially weak’ period after last year’s budget, Frasers noted both UK consumer confidence and trading conditions improved into 2025
Frasers has seen pre-tax profits rise by 2.8% to £560.2m in its full-year results, but has warned it faces over £50m in extra costs caused by last year’s budget.
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