Poundland’s future has been thrown into further uncertainty after three recently appointed directors resigned in protest over owner Gordon Brothers’ attempts to place the discount retailer into administration, putting approximately
Poundland Faces Administration Risk as 12,000 Jobs Hang in Balance
Poundland could be pushed into administration within days, putting around 12,000 jobs at risk, according to the Union of Shop, Distributive and Allied Workers.
RNS Hotlist with Zak Mir: ULVR, BARC, EMG, OBD, COA, ESNT, STAF, CREO & RST
The Independent: “Andy Burnham, the new prime minister, has not ruled out a 10 per cent “death tax” on all estates to fund his proposed social care reforms. Mr Burnham is
Hundreds of Poundland stores set to close as part of rescue deal
Thousands of high-street jobs are under threat as Poundland edges closer to a rescue deal that could result in widespread store closures.
Poundland’s Owner Considers Potential Sale of UK Discount Retail Chain
Pepco Group, the Poland-based owner of Poundland, is exploring “all strategic options”, including a potential sale of the UK discount retailer, as it faces mounting challenges in the UK retail
FTSE 100 reaches new record high with potential £31.1 billion mining mega-merger
British mining giant Anglo American has propelled the FTSE 100 to a new record high after announcing it is “reviewing” a takeover proposal from its larger Australian competitor, BHP.
Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 25th April 2024
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Gold, Anglo American,
FTSE 100 reaches new high following takeover bid for Anglo American
The FTSE 100 reached a new record high following a significant jump in Anglo American shares, spurred by a takeover proposal from BHP Group.
GMB Union Attributes Wilko’s Collapse to ‘Ineffective Leadership’
The Business Select Committee has initiated its inquiry into the downfall of Wilko, which resulted in the termination of 12,500 jobs in early September.
B&M agrees to buy up to 51 Wilko stores for £13m
Discount store B&M has confirmed the purchase of a selection of Wilko branches as the high street giant undergoes restructuring.
Monday marks the first day of job cuts at Wilko
Wilko is set to initiate the first wave of what could be numerous layoffs today, even as prospects for a partial business rescue continue.
Share Talk Expected Market Updates For The Week Ahead, 24th – 28th July 2023
The upcoming week promises to be quite eventful, featuring reporting from five of the FTSE 100’s top ten, as well as four of the major US tech conglomerates. In addition,