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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The owner of Bensons for Beds is among a pack of suitors circling Poundland, the struggling discount retailer.
Annual profits at the UK's second biggest supermarket, Sainsbury's, have reached £1bn.
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.
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 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 and big four accounting firm EY is being investigated by the industry's regulator.
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