B&Q owner Kingfisher warns of £31 million hit from National Insurance changes next year

B&Q owner Kingfisher warns of £31 million hit from National Insurance changes next year

Kingfisher's owner, B&Q, faces a £31 million cost increase due to higher employer National Insurance rates. The company plans to offset the impact through cost reductions. CEO Thierry Garnier noted consumer uncertainty in the UK and France, affecting sales in the third quarter.

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