Primark owner warns it is getting 'harder and harder' to invest in Britain as its profits slide by 14 per cent

Primark has given no details yet on delivery costs, minimum spend or which product ranges will be included in the new service.

George Weston, chief executive of Associated British Foods, warned that Labour's tax rises and regulatory pressures are making Britain a progressively less attractive destination for investment. ABF's pre-tax profits fell 14% to £1.46 billion for the year to September, while Primark's own operating profits slid 12% to £1 billion as like-for-like sales dropped 2.6% across most markets.

Primark will launch UK home delivery by December 2027, bringing forward its original timeline by two years after acquiring a robot-assisted Sheffield warehouse from Boohoo.

Continental Europe was the sharpest drag, with Primark's like-for-like sales there falling 4.7% — blamed on weak consumer sentiment and a delayed store-refresh programme.

ABF cautioned that earnings would decline again in the coming year, with its sugar division forecast to swing to losses of between £70 million and £170 million in 2026/27.

The TimesPrimark owner warns it is ‘harder and harder’ to invest in Britain The GuardianPrimark lacks fizz as it approaches its go-it-alone moment The GuardianPrimark brings forward home deliveries plan by two years after profits slide Daily MailPrimark to launch home delivery at the end of 2027 The IndependentPrimark owner ‘cautious’ about the future as profits fall again The HeraldPrimark owner cautious over inflation and consumer confidence Irish IndependentPenneys owner ABF sees profits fall 10pc This Is MoneyPrimark confirms plans to launch home delivery but not until the end of 2027 Yorkshire PostPrimark owner Associated British Foods cautious about consumer sentiment and inflation Retail SystemsPrimark to launch home delivery before planned 2027 demerger - Retail Systems

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