Fortnum & Mason: Profit surges at King’s grocer Retail Profit at Fortnum & Mason surged by more than 60 per cent as its sales also ticked up during its latest financial year, new figures have revealed. The iconic London store has posted a pre-tax profit of £15m for the 12 months to the end of July 2025, a rise from £9.3m. The firm’s turnover [...]
Businesses back Heathrow bid to run third runway Transport and infrastructure A group of well-known firms has urged ministers to approve the third runway expansion plan tabled by the owner of Heathrow airport, arguing its plan will deliver “the greatest economic benefit to the UK”. In a letter to transport secretary Heidi Alexander, bosses from the likes of Burberry, Caffe Nero and Fortnum and Mason threw [...]
Fortnum & Mason to ‘limit price rises’ as it battles surging costs Retail Iconic London store Fortnum & Mason has vowed to limit increasing prices in the wake of tax rises by the Labour government. The retailer, which can trace its roots back to 1707, has said the outlook for its operating costs in 2025 “remains challenging”. The company pointed to inflation, labour costs, tax increases, raw materials, [...]
Scrap tourist tax before it’s too late, Fortnum & Mason boss warns November 20, 2023 The UK will lose retail sales to France if the government fails to scrap the tourist tax in the autumn statement, the boss of Fortnum & Mason has warned.