Record Profits for UK Firms

According to the latest Profit Watch report from the Share Centre, Q1 2018 saw:

  • Collective profits of UK firms hit record high
  • Profits among FTSE 350┬áincrease by 158%
  • Sales among FTSE 350 hit three year high, growing by 21%
  • 70% of companies had higher profits
  • Four fifths of sectors saw higher profits

Helal Miah, investment analyst at The Share Centre, says: “UK plc has delivered the strongest set of results in years, extending a period of growth not seen since the recovery in the immediate aftermath of the recession and financial crisis”. Nothing in the FT on this yet…

mdi-tag-outline Despite Brexit
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