60 B&Q store closures announced

Retail Company Kingfisher has announced plans to close 60 of its subsidiary B&Q stores in UK and Ireland.

The decision follows recent figures showing a considerable drop in profit and sales, and puts around 600 jobs at risk.

The 2014 figures show a 15.2% drop in pre-tax profit to £644million, and a 1.4% drop to £10.96billion in total sales.