B&Q owner should do decent thing and return its furlough payments
This should be self-evident to a FTSE 100 firm enjoying a boost to profits from the pandemicIn retrospect, it was obvious: DIY stores, once they could reopen, would enjoy a boom. Office workers stuck at home are more inclined to do their place up, and many will have more time to do fiddly jobs.Even so, sales at Kingfisher, owner of B&Q and Screwfix, aren’t simply strong, but are spectacularly so. Like-for-like sales in June were up 26% in the UK and Ireland and the pace has only slacke
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