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Poundland agrees to takeover from Steinhoff International

Posted by Warren Fyfe on July 13, 2016 in Warren Fyfe Site

Discount chain Poundland has agreed to a £597m takeover by South African retail group Steinhoff International. Steinhoff said Poundland would be a “complementary fit” to its expansion plans in the UK and the rest of Europe. Poundland operates more than 900 stores across the UK, Ireland and Spain, and employs 18,000 people, but recently announced [...]

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David Cameron prepares to hand over to Theresa May

Posted by Warren Fyfe on July 13, 2016 in Warren Fyfe Site

Image caption David Cameron is to take part in his last Prime Minister’s Questions in Parliament David Cameron will leave Downing Street for the final time as PM later, with Theresa May waiting to replace him. Mr Cameron will face his last Prime Minister’s Questions in the Commons, before heading to Buckingham Palace to tender [...]

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Labour leadership: Owen Smith to enter contest

Posted by Warren Fyfe on July 13, 2016 in Warren Fyfe Site

Ex-shadow cabinet minister Owen Smith has said he will stand against Jeremy Corbyn, saying Labour needs both a “radical and credible” leader. The Pontypridd MP, who quit as shadow work and pensions secretary last month, said he could “heal” the party and “turn the page” on its internal strife. Elements on the left and right [...]

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