Wales and South West England retail discounter Buyology posted strong sales and profits growth in the year to end March.

The multi-product group — which sells everything from carpets and furniture through to confectionary — grew sales by 27 per cent to £18.4m. Sales have more than doubled in three years.

Profits jumped 78 per cent at the pre-tax line to £1.4m for the Glamorgan headquartered retailer, which has eight superstores including its latest to open — a former Focus DIY store — in Merthyr Tydfil.