Don’t let Poundland owner maximise its return at our expense, suppliers say
Poundland’s US owner Gordon Brothers faces pressure from suppliers over restructuring plans, with thousands of jobs at stake across the retail chain and its supply network.
UK interest rates: Bank of England expected to raise them for first time in over three years
The Bank of England is expected to raise its benchmark interest rate to 4% on Thursday, marking the first increase in over three years, driven by rising inflation linked to energy and fuel costs.
South West Water’s failure to fix leaks ‘putting customer supplies at risk’
South West Water faces regulatory warnings for failing to reduce leaks over seven years, with current leakage 18.5% above forecast amid severe drought conditions affecting 325,000 people in south-west England.
Car finance: Compensation payments explained
Millions of drivers mis-sold car finance agreements must wait until at least 2027 for compensation, with average payments of £829 expected, though legal challenges have delayed the process.
Why Gen Z are planning for life without a state pension
Roughly half of Gen Z doubt the state pension will exist when they retire, prompting many to increase private pension contributions amid concerns about aging populations and government finances.
Why China is desperate to ship cars outside of the country
China’s domestic car sales have plummeted due to weak consumer confidence from job market instability and falling property prices, driving manufacturers to focus on overseas exports.