This kind of links to what I said before. With the UK still in recession, having a UK company record good profits is an overall boost to the UK economy,thats the part I wont be complaining about. Also note that the job loses from GW dont seem to have been made in the UK, where they are planning, or at least were planning, to open more stores.
The fact that so many other companies have gone down the tubes and GW is still pulling in profits does give them some credibility to their financial thinking. I dont think they can continue with to many hikes, but over all it probably evens out.