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 sweeping turnaround plan aimed at stabilising the business after a period of heavy losses and declining sales.The discount retailer said the closures mark the final phase of
Government steps in with £25m investment to keep AI firms listed in London
The government has made a £25 million investment in Kraken Technologies in a bid to persuade the fast-growing artificial intelligence business to list in London rather than New York.The investment, made by the British Business Bank, is the state lender’s
Hikvision forecasts top 5 AIoT trends for 2026
Key Insights (AI-assisted): The trends outlined signal that AIoT is maturing from infrastructure deployment to outcome-focused, domain-specific systems. Scenario-driven solutions and edge-native analytics indicate buyers will prioritize tightly integrated stacks over generic IoT platforms, reshaping vendor selection and ecosystems. The rise
Bank of England accelerates Leeds expansion as part of cost-cutting overhaul
The Bank of England is accelerating the expansion of its Leeds operation as part of a wider drive to cut costs, reduce headcount and overhaul its London estate.Under new plans approved by the Bank’s court of directors, half of all
Amazon set to cut thousands more jobs as AI overhaul accelerates
Amazon is preparing to cut thousands more jobs as part of a sweeping overhaul driven by artificial intelligence and internal restructuring, according to reports.The world’s largest retailer is expected to announce a second round of layoffs as soon as next
Tageos and Wiliot Partner on Battery-Free BLE Sensing
Key Insights (AI-assisted): By aligning large-scale RFID manufacturing with battery-free BLE sensing, this partnership accelerates convergence between traditional RFID and emerging ambient IoT. It signals that ultra-low-cost, energy-harvested BLE will move from pilots to mass deployment as supply, form factor, and
Juspay raises $50m at $1.2bn valuation to accelerate global payments expansion
Juspay has secured $50 million in fresh funding from WestBridge Capital, valuing the business at $1.2 billion and strengthening its push to expand globally as demand for enterprise-grade payment infrastructure accelerates.The Series D follow-on round comprises a mix of primary