Primark profits up 26% in last six months

High-street clothing retailer Primark has announced a 26 percent rise in its operating profit to £298 million for the past six months.

The company has also made its first "long-term payment" to victims of the Rana Plaza clothing factory disaster in Bangladesh, owner Associated British Foods said in its half yearly report.

Primark's profits have soared in the past six months. Credit: PA

ABF urged other retailers who source clothes from Rana Plaza to donate to a trust fund "so that it can pay out in full to the remaining victims".

Tomorrow will be the first anniversary of the disaster, in which more than a thousand people were killed.

More: Primark urges factory pay-outs

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Primark seeks to crack US market as profits soar

Primark is to open stores in the United States for the first time as it looks to replicate the success behind a 26 percent jump in profits in the last six months.