The retail giant - which started life at a Wolverhampton market - is now at threat of collapse.
Also readHow big a deal is the $6.3bn crypto heist, who did it, and are investments safe?
Source: BBC News · Published:

The retail giant - which started life at a Wolverhampton market - is now at threat of collapse.
Also readHow big a deal is the $6.3bn crypto heist, who did it, and are investments safe?

The cyber-attack, which the company describes as complex, is believed to be the largest ever of its kind.
BBC News · 2 h ago

With the chain on the brink of administration, its low-profile US owners face questions about their conduct ‘It was a very successful and simple proposition,” laments one former Poundland boss. With every product in the shop sold at £1, and the price in its…
Business | The Guardian · 6 h ago

Housing secretary says Labour wants to reverse fortunes of towns plagued by boarded-up shops and rogue businesses Angela Rayner has said voters will begin to see a difference in their high street before the next general election as Labour prioritises…
Business | The Guardian · 12 h ago

Ian Choudri resigns after report found agency overseeing troubled LA-San Francisco project misused over $600,000 in public funds The chief executive of California’s embattled high-speed rail authority abruptly resigned on Wednesday, over a month after a state…
Business | The Guardian · 21 h ago

Owner Gordon Brothers files notice of intent to begin process after rejecting management-backed rescue bid Business live – latest updates The shop workers’ union Usdaw has urged Poundland’s owners to reconsider a decision to prepare the budget chain for…
Business | The Guardian · 1 d ago

Poundland's bosses have filed a notice of intention to appoint administrators to the business.
BBC News · 2 d ago

Óscar Puente has been facing calls to resign after two high-speed trains collided earlier in the week, killing at least 69 people.
BBC News · 7 h ago

Pedro Sánchez vows to investigate crash that killed 69 people – and rebuild public confidence Europe live – latest updates Spain’s prime minister, Pedro Sánchez, has admitted “trust in high-speed rail has been broken” after Wednesday’s train collision that…
World news | The Guardian · 8 h ago