Carpetright has cut its annual profit forecast for the third time in less than six months, saying sales growth has slowed. Photo: Bloomberg

Carpetright, Britain’s biggest floor coverings retailer, has cut its annual profit forecast for the third time in less than six months, saying sale(...)

Carpetright said it made a pretax profit of £3 million in the six months to October 26. Photo: Bloomberg

Carpetright, Britain’s biggest floor coverings retailer, said it expected a better performance in the second half of the year after posting a drop in(...)

Carpetright  chief executive Darren Shapland stepped down after informing the company he couldn’t commit to staying until the end of his five-year contract. Photograph: Visual Media/PA Wire

Carpetright Plc said chief executive Darren Shapland quit amid a further deterioration in sales that will cause profit to be “significantly below” the(...)

Bill Gates, founder of Microsoft, with Taoiseach Enda Kenny TD in January at Government Buildings, Dublin. The investment has been made via his charitable fund, the Bill & Melinda Gates Foundation. Photograph: Dara Mac Donaill/The Irish Times

When a company is in trouble, savvy directors regularly scour the share register for signs of stake-building by potential predators, or for evidence t(...)

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