Poundland owner Gordon Brothers buys LK Bennett out of administration
LK Bennett has been bought out of administration by Gordon Brothers, the US firm behind Poundland’s rescue, putting the fashion brand’s nine UK shops and 380 jobs at risk. Read…
2026
Royal Mail delivered Christmas post late to 16 million people, Citizens Advice finds
Royal Mail delivered letters and parcels late to around 16 million people over Christmas, up 50% on last year, prompting warnings from Citizens Advice that consumers face “no light at…
Pornhub to block UK access for new users amid age-verification row
Pornhub will restrict access for UK users from 2 February, blocking new visitors and citing the Online Safety Act’s age-verification rules as ineffective, as regulator Ofcom disputes the claim. Read…
Lanarkshire named latest AI Growth Zone with 3,400 jobs and £8.2bn investment boost
Lanarkshire has been announced as Scotland’s first AI Growth Zone, creating more than 3,400 jobs and attracting £8.2bn in private investment alongside targeted cost-of-living support for local communities. Read more:…
Amazon to axe thousands more jobs
Amazon has announced it plans to eliminate 16,000 jobs as part of a broader restructuring linked to its growing focus on AI Read Full Article at RT.com
Gold soars above $5,300 per ounce
Gold prices have hit a new record above $5,300 per ounce amid geopolitical tensions and a weakening US dollar Read Full Article at RT.com
EU state’s PM predicts rush to resume business in Russia
Western companies will rush to reestablish business in Russia after the Ukraine conflict ends, Slovak Prime Minister Robert Fico has said Read Full Article at RT.com
Extreme poverty rate shoots up in UK – study
UK poverty deepens as more low-income households face severe hardship, the Joseph Rowntree Foundation says Read Full Article at RT.com
Liz Kendall unveils AI ‘Future of Work’ unit and pledge to upskill 10 million workers by 2030
Science and Technology Secretary Liz Kendall has announced a new cross-government Future of Work Unit, a £27m TechLocal programme and plans to upskill 10 million workers in AI by 2030.…
Litestream Ventures secures $78m in investor pledges at Davos forum
Litestream Ventures recorded $78m in non-binding investor pledges during the World Economic Forum, debuting new pledge-based signalling technology to back companies tackling global challenges. Read more: Litestream Ventures secures $78m…