Jet2 owner Dart Group has said its profits for last year will be higher than expected, but warned of Brexit clouds during the current year.

The company said its growing leisure travel business had helped bolster results for the year to March 31 2019.

As a result, group profit before foreign exchange revaluation and tax is set to be slightly ahead of market expectations.

But the year ending March 31 2020 could be affected by economic uncertainty in the UK, particularly around Brexit.

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Dart said bookings for this year's all-important summer period had so far reflected some consumer uncertainty.

Homebase narrowed its losses in the second half of 2018 as a turnaround plan under new owners starts to show signs of progress.

The DIY and garden centre retailer shut 47 outlets last year as part of a restructuring programme after it was purchased by Hilco for £1 following a disastrous spell under the ownership of Wesfarmers.

On Wednesday the firm said that its turnaround is on track and the group has made significant progress, after cutting costs by £100 million.

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Operating losses improved by 79.1% to £39.1 million in the half-year to December 30 2018, which compares to a £187.3 million loss in the same period of 2017.

Costs were heavily reduced through a restructure of its head office, where roles were cut by 38%, alongside a Company Voluntary Arrangement (CVA), which allowed Homebase to close loss-making stores and secured rent-reductions for a further 70 sites.

Housebuilder Countryside has posted solid set of first half figures, undeterred by the gloom stalking the housing market.

The firm said it completed 2,362 homes in the six months to March 31, up 43%, as customer demand remained firm.

Countryside saw average selling prices fall 4% to £377,000, which it put down to an increased contribution from the company's regional businesses.

The company's order book grew 49% to £1.04 billion.