Home Bargains owner pays himself £1bn as profits surge

Jan 8, 2025 · The payout came as pre-tax profits for Home Bargains surged 35% to £454.8m in the year to 30 June, up from £336.5m. Related Story Family behind Primark retain top 10 spot …

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Home Bargains Owner Pays Himself £1bn As Profits Surge

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Jan 8, 2025 · The payout came as pre-tax profits for Home Bargains surged 35% to £454.8m in the year to 30 June, up from £336.5m. Related Story Family behind Primark retain top 10 spot …

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Home Bargains Billionaire Pays Himself Over £1bn As Sales And …

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The billionaire owner of Home Bargains took home more than £1bn as sales and profit both jumped at the discount retail giant during its latest financial year. Tom Morris, who owns 98 per …

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Home Bargains Owner Tom Morris Takes Home £1.22bn As Sales …

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Jan 7, 2025 · According to The Sunday Times Rich List in 2024, Tom Morris and his family were worth £5.17bn, up from the £4.84bn valuation they commanded in 2023’s list. Home Bargains' …

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Liverpool Tycoon Behind Home Bargains Pockets A £1.2bn Windfall …

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The Liverpool tycoon behind Home Bargains paid himself £1.2billion last year after a surge in profits. Tom Morris, dubbed ‘the richest Scouser to have ever lived’ by his hometown press, …

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Home Bargains Owner Takes Home Over £1bn In Dividends

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Jan 8, 2025 · The billionaire owner of Home Bargains has paid himself more than £1bn in dividends after the discount retailer welcomed rising sales and profits in its latest full-year …

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Home Bargains Boss Enjoys £1bn Dividend - Punchline …

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Jan 8, 2025 · He paid himself a cool £1m in 2018, but the Liverpool-born businessman behind the ever-growing Home Bargains discount store (HB) has given himself a hefty pay rise for the …

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Home Bargains Billionaire Pays Himself Over £1bn As Sales And …

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Jan 7, 2025 · The billionaire owner of Home Bargains paid himself more than £1bn as sales and profit both jumped at the discount retail giant during its latest financial year. Tom Morris, who …

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Home Bargains Billionaire Pays Himself Over £1bn As - One News …

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The billionaire owner of Home Bargains paid himself more than £1bn as sales and profit both jumped at the.. • Business • One News Page: Tuesday, 7 January 2025. Skip to main content. …

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Discount Chain Home Bargain Pays Record £40m Dividend As Profit …

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Dec 4, 2016 · Secretive owners of discount chain Home Bargains pay themselves record £40m dividend - despite drop in profit. By NEIL CRAVEN, FINANCIAL MAIL ON SUNDAY. Updated: …

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Home Bargains Boss Pays Himself £1m - Retail Gazette

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Oct 23, 2018 · Home Bargains boss Tom Morris has paid himself £1 million after a surge in sales and profits. The Liverpool-based discount retailer stocks up to 4000 branded product lines and …

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Home Bargains Owner Pays Himself £1.2 Billion - YouTube

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Home Bargains owner pays himself £1.2 billion

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FAQs about Home Bargains owner pays himself £1bn as profits surge Coupon?

Who owns Home Bargains?

Home Bargains’ billionaire owner has paid himself more than £1bn as the discount chain’s sales topped £4.2bn. Tom Morris, who owns 98% of TJ Morris, the firm behind the retailer, received the majority of the £1.22bn in dividends and asset distributions last year, CityAM reported. ...

How did Home Bargains perform in the new accounts?

The new accounts filed with Companies House also show that the business behind Home Bargains, TJ Morris, increased its turnover from £3.4bn to £3.7bn while its pre-tax profits also rose from £2931m to £332.3m. ...

Where is Home Bargains headquartered?

Home Bargains is headquartered in Liverpool. The billionaire owner of Home Bargains took home more than £1bn as sales and profit both jumped at the discount retail giant during its latest financial year. ...

Why did Home Bargains increase its pre-tax profit?

Its pre-tax profit also jumped from £336.5m to £454.8m over the same period. The increase in turnover was attributed to the opening of new stores, relocating some existing ones, and higher sales from its sites. By the end of its financial year, Home Bargains had 617 stores open in the UK. ...

How did Home Bargains perform in the year to 30 June?

The payout came as pre-tax profits for Home Bargains surged 35% to £454.8m in the year to 30 June, up from £336.5m. Sales jumped 11% from £3.76bn to £4.2bn, which it attributed to opening new shops, relocating some existing locations and higher sales across the portfolio. ...

Are Home Bargains' first-half profits down?

Home Bargains rival Poundland, which recently acquired 99p Stores, last month warned its first-half profits are likely to be down due to tough comparables. Only subscribers can comment on this article. TJ Morris, owner of Home Bargains, has revealed a healthy jump in full-year profits and sales after it opened stores and relocated existing shops. ...