Card Factory cuts profit forecast

Card Factory has lowered its profit forecast as it highlighted weak consumer confidence and soft high street footfall.
The cards specialist said it expected to deliver pre-tax profit between £55m and £60m in its annual results, assuming that current trading trends persisted over the remaining seven weeks of its financial year.
The brand previously forecast roughly £70m profit for the period.
Card Factory said: “Over recent months, the pressures facing the UK consumer have