American businessman Stan Kroenke vowed to bring silverware back to Arsenal’s trophy cabinet after securing a 62.89% controlling share in the club.

American businessman Stan Kroenke has vowed to bring silverware back to Arsenal’s dusty trophy cabinet after taking a controlling stake in the club.

Floor coverings firm Carpetright dealt a major blow to profit expectations today after seeing little respite from grim trading conditions.

CARPETRIGHT — the British owned carpet and floor covering retailer — has said it remains committed to its business in Ireland, but will continue to review operations here following a challenging first quarter.

Flooring firm Carpetright reported a 64% rise in annual profits today after seeing a return to sales growth in Ireland and the UK.

BRITISH-owned carpet and floor covering retail group, Carpetright, which operates 26 stores in Ireland, has reported a 6.6% year-on-year increase in British and Irish sales for the first quarter of its financial year, which runs to the beginning of August.

Carpets and floorings firm Carpetright today said it was taking a “more cautious” view of prospects this year as financial turmoil and a plummeting housing market dents confidence.

Trading among the UK’s quoted retailers is at its lowest ebb for more than three years as the high street squeeze worsens, a study revealed today.

The FTSE 100 Index held on to early gains today as trading wound down ahead of the festive break.

Nervy traders took money off the table today as the City of London positioned itself ahead of the US Federal Reserve’s decision on interest rates.

The founder of UK company Carpetright is planning a shake-up at the retail group which will see the dual role of chairman and chief executive split, it was reported today.

Floor coverings retailer Carpetright today said 60 new store openings helped it increase first-half sales by 6% in the UK and Ireland.

Retail group Carpetright stuck by its store expansion plans today despite reports that the UK market for floor coverings had shrunk by as much as 20%.

Floor coverings group Carpetright today reported a “tough” January sale in the UK and Ireland and said trading in all its markets had been subdued.

A MAN protesting against student debt completed the bizarre stunt yesterday of rolling a monkey nut

British Police could resort to using rubber bullets if riots break out during tomorrow’s May Day demonstrations in London, the chairman of the Metropolitan Police Authority, Lord Harris, has warned.

Police could resort to using rubber bullets if riots break out during the May Day demonstrations in London, the chairman of the Metropolitan Police Authority, Lord Harris, warned today.