Poundland shuts 149 stores and cuts 2,200 jobs in £1 refocus turnaround
Poundland has closed 149 stores and cut 2,200 jobs as part of a major turnaround plan, refocusing on £1 items and relaunching its Pep & Co clothing..
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Government steps in with £25m investment to keep AI firms listed in London
The UK government has made its largest direct investment to date through the British Business Bank, backing AI firm Kraken Technologies as ministers..
Read MoreBank of England accelerates Leeds expansion as part of cost-cutting overhaul
The Bank of England plans to base half of all new external hires in Leeds as it cuts costs, reduces headcount and renovates its London estate, aiming ..
Read MoreAmazon set to cut thousands more jobs as AI overhaul accelerates
Amazon is preparing a second major round of job cuts as it looks to shed around 30,000 roles, with artificial intelligence and organisational..
Read MoreJuspay raises $50m at $1.2bn valuation to accelerate global payments expansion
Payments infrastructure firm Juspay has raised $50m from WestBridge Capital in a Series D follow-on round, valuing the company at $1.2bn as it scales ..
Read MoreApple explores wearable ‘AI pin’ that could listen to conversations
Apple is developing a wearable AI pin equipped with microphones, speakers and cameras, as Big Tech races to create AI-powered devices that could..
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