I guess they need to do something with all the spare money they have, so they’re buying their own shares.
That’s the conclusion I draw from the news today that Thorntons has revealed annual profits have risen nearly 20% to £8.5m. Although the Thorntons PR spin is “There’s room for pleasure and a little bit of indulgence in everyone’s life”, my assessment is rather: “if you’re struggling to make ends meet, why not stuff your face with choccies”?
As if we didn’t already know it.
“This August has been the dullest in the UK since records began – with just 105.5 hours of sunshine, against an average for the month of 165 hours.”