DIY chains enjoy bumper year as UK property market slows

Published 1 hour ago
Source: theguardian.com
DIY chains enjoy bumper year as UK property market slows

Paint and sofas sell well as Britons are priced out of moving home or undertaking pricey renovations

Retailers of home improvement products are having a glittering year on the London stock market, as cash-strapped UK consumers turn to DIY projects after being priced out of moving home or undertaking expensive renovations.

Publicly listed retailers including the B&Q owner, Kingfisher, as well as Topps Tiles, Wickes and the sofa seller DFS are on track for double-digit percentage share price increases of as much as 56% this year.

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