Poundland confirms rescue talks as owners hunt for a buyer
Poundland has confirmed it is negotiating with potential buyers over a rescue deal, while the Usdaw union warns the chain could enter administration if a management buyout fails.
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Royal Mail to cut 2,500 head office roles by end of 2027
Royal Mail has announced plans to shed 2,500 head office and other supporting roles by the end of 2027, about 2% of its 131,000-strong workforce, as it faces competition and falling letter demand. Frontline posties and drivers are excluded from the proposed restructuring.