Poundland has announced a sweeping restructuring plan that will see it close 68 stores, end online sales, and shut down two distribution centres, in a move that places more than 2,000 jobs at risk and raises questions over the future of the high street discounter. The announcement follows the sale of the company last week to US investment group Gordon ...
President Donald Trump denied reports on Tuesday that he left the G7 summit in Canada early to work on a cease-fire between Israel and Iran, hinting that it was for something ‘much bigger.’ Trump told reporters aboard Air Force One during an overnight flight back to Washington that he was looking to achieve something better than a cease-fire and would ...
The future of British high street bank TSB has been thrown into fresh uncertainty after its Spanish parent company, Banco Sabadell, confirmed it has received early expressions of interest from potential buyers and may consider formal offers for the UK lender. The move comes as Sabadell attempts to resist an €11 billion (£9.4 billion) hostile takeover bid from domestic rival ...
Shares in Metro Bank jumped more than 15% on Monday to reach a two-year high after reports emerged that Pollen Street Capital, the London-based private equity firm behind Shawbrook Bank, has approached Metro’s leadership about a potential takeover. The discussions, which could result in the high street lender being taken off the London Stock Exchange and back into private ownership, ...
England’s already strained water supply could be under far greater threat than official forecasts suggest, as the country’s environmental regulator admits it has no reliable data on how much water is being consumed by the booming artificial intelligence sector. The Environment Agency (EA) has warned that by 2055, the public water supply in England could face a shortfall of 5 ...
After nearly 150 days since President Donald Trump entered office, the U.S. still does not have an ambassador to the United Nations despite geopolitics playing a cornerstone role in his second term. Following the withdrawal of Elise Stefanik from the nomination in late March over concerns that Republicans would not be able to hold onto her New York seat in ...
Sen. Josh Hawley again drew a line in the sand on proposed cuts to Medicaid benefits, and warned his colleagues to follow President Donald Trump’s lead and leave the widely used healthcare program largely intact. Republican-led Senate committees have spent the last few weeks since the House GOP advanced its version of the president’s ‘big, beautiful bill,’ preparing their own ...
When you see headlines about geopolitical tensions and how the stock market sold off on the news, it can feel unsettling, especially when it comes to your hard-earned savings. But what you might not hear about in the news is what the charts are indicating. Look at what happened in the stock market recently. On Friday, investors were bracing for ...
A Senate panel charged with some of the most hot-button portions of President Donald Trump’s ‘big, beautiful bill’ unveiled its portion of the gargantuan package on Monday. The Senate Finance Committee, which has jurisdiction over tax policy, Medicaid and a slew of other items baked into the House GOP’s version of the bill, released its text as Republicans sprint to ...
Ten years ago Monday, businessman Donald J. Trump launched his first presidential campaign, marking the beginning of the ‘Make America Great Again’ movement. Trump, beside his wife, Melania, famously came down the golden escalator at Trump Tower on Fifth Avenue in New York City June 16, 2015, to announce his intention to run for president of the United States. ‘I ...