Landlords of major discount retailer brace for swingeing rent cuts

Landlords of major discount retailer brace for swingeing rent cuts

The new owner of The Original Factory Shop (TOFS), one of Britain's leading independent discount retailers, is preparing to unveil a package of savage rent cuts for its store landlords.
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Predators eye bargain deal for struggling discount retailer Poundland

The owner of Bensons for Beds is among a pack of suitors circling Poundland, the struggling discount retailer.

Sainsbury's profits top £1bn after closing all cafes and cutting 3,000 jobs

Annual profits at the UK's second biggest supermarket, Sainsbury's, have reached £1bn.

Trump tariffs to knock growth but won't cause global recession, says IMF

The ripping up of the trade rule book caused by President Trump's tariffs will slow economic growth in some countries, but not cause a global recession, the International Monetary Fund (IMF) has said.

What you can't now bring into Britain from EU under new rules

People arriving in Britain from the EU and other European countries are no longer allowed to bring in a range of meat and dairy products - including cheese.

US markets fall as AI chipmakers mourn restrictions on China exports

US stock markets suffered more significant losses on Wednesday, with stocks in leading AI chipmakers slumping after firms said new restrictions on exports to China would cost them billions.

Post Office auditor under investigation

Post Office auditor and big four accounting firm EY is being investigated by the industry's regulator.


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