Dividends from Harrods fall by one-third


Qatari Holding, the investment arm of Qatar’s sovereign wealth fund, received £103m in dividends following a tough trade year.

This figure compares to dividends of £150m the previous year – marking a decrease in dividends by almost one third in just one year.

However, the gross transaction value – the total money going through the tills, including in-store concessions – was up 1.2% to £1.39bn, according to accounts made available by Harrods Ltd.

The seven-story store attracts more than 15m shoppers every year, and was bought by Qatari Holding in 2010 for an estimated £1.5bn.