Waterstones profits quadruple as office workers return

Waterstones has reported a fourfold increase in profits, with the return of office workers and a rebound in international tourism contributing to a strong performance.
The UK’s largest bookseller saw pre-tax profits rise to £42.9m for the year ending April 27, up from £11.2m in the previous year. Revenues also increased, rising from £452.4m to £528.3m.
The retailer attributed the rise in sales to “encouraging growth in London and other metropolitan city centre