DIY chain Kingfisher see boom in home insulation; German producer inflation soars 45% – business live

Rolling coverage of the latest economic and financial news, as B&Q owner sees sales drop and Ashley prepares to step down as a director of Frasers

The jump in demand for home insulation products hasn’t protected Kingfisher’s shares this morning.

They’re down 5%, and on track for their worst day in almost two months, after the DIY chain reported sales and profits have dropped in the first half of the year.

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 ALL Credit of this post going to https://www.theguardian.com

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