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John Lewis Partnership halves losses; OpenAI’s valuation ‘set to hit $150bn’ – business live

Rolling coverage of the latest economic and financial news, as John Lewis says it is on track for ‘significantly higher’ full year profits

John Lewis points out that it has historically delivered the majority of its profits in the second half of the year.

The company says:

As a result, we are confident that full year pre-exceptional profits should be significantly above the £42m we reported in 2023/24.

Continue reading…Rolling coverage of the latest economic and financial news, as John Lewis says it is on track for ‘significantly higher’ full year profitsJohn Lewis points out that it has historically delivered the majority of its profits in the second half of the year.The company says:As a result, we are confident that full year pre-exceptional profits should be significantly above the £42m we reported in 2023/24. Continue reading…

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