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Poundland in rescue talks as owners seek buyer
Posted onRetail chain Poundland is in talks with potential buyers as it seeks a rescue deal, it has confirmed. Executives are working with an Irish property development group on a management buyout, as first reported by Sky News, external. But a union representing shopworkers warned that the retailer could fall into administration if that deal falls…
Tourism tax needs to be revisited in Wales, expert says
Posted onThe visitor levy came about as part of a co-operation deal signed between Labour and Plaid Cymru in 2021, with the legislation published in 2024. Officials said they wanted the tax to be simple to understand, so the same rate would be paid for adults and children – although under 18s are exempt from the…
