UK's Topps Tiles sees 4 million pound annual cost hike from new wage expenses
02/04/2025 07:21
April 2 (Reuters) - British tile retailer Topps Tiles TPT.L said on Wednesday it expects a rise in its annual cost base by about 4 million pounds ($5.2 million) from this month due to national living wage and insurance expenses, and reported strong sales growth in March. ($1 = 0.7745 pounds) (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Mrigank Dhaniwala) ((abyjose.koilparambil@thomsonreuters.com))
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